Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 97.36 (%).Trend:Increase 222.92% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 44.63 (%).Trend:Decrease 54.16% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 31.48 (%).Trend:Decrease 29.46% than previous quarter

Overall: decreasing (-67.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 134.94 (%).Trend:Increase 213.38% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64.38 (%).Trend:Decrease 52.29% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 46.58 (%).Trend:Decrease 27.65% than previous quarter

Overall: decreasing (-65.48%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 76.66 (%).Trend:Increase 233.74% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 38.85 (%).Trend:Decrease 49.32% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.83 (%).Trend:Decrease 30.94% than previous quarter

Overall: decreasing (-65.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.53 (%).Trend:Increase 10.87% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.54 (%).Trend:Increase 0.15% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.62 (%).Trend:Increase 1.22% than previous quarter

Overall: increasing (1.38%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 24.94 (%).Trend:Decrease 16.31% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 26.48 (%).Trend:Increase 6.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 26.99 (%).Trend:Increase 1.93% than previous quarter

Overall: increasing (8.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 92.05% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.82 (USD).Trend:Increase 583.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.65 (USD).Trend:Increase 101.22% than previous quarter

Overall: increasing (1275.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2021 to Q1 2022 reveals substantial fluctuations in key financial metrics. Working capital (liabilities and current assets on revenue) showed a significant decline then a substantial increase in Q1 2022. Cost efficiency (ratio of retained earnings to revenue) exhibited a similar pattern. Earnings per share saw dramatic fluctuations. While SG&A expense ratio showed a slight overall increase, and retained earnings on assets displayed modest growth.  Overall, the analysis highlights significant volatility in most financial metrics.