Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 17.45 (%).Trend:Decrease 46.49% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 13.14 (%).Trend:Decrease 24.7% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 28.71 (%).Trend:Increase 118.49% than previous quarter

Overall: increasing (64.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 62.62 (%).Trend:Decrease 48.11% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.52 (%).Trend:Decrease 33.7% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 102.27 (%).Trend:Increase 146.32% than previous quarter

Overall: increasing (63.32%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 39.45 (%).Trend:Decrease 44.07% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 11.74 (%).Trend:Decrease 70.24% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 45.14 (%).Trend:Increase 284.5% than previous quarter

Overall: increasing (14.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets 9.01 (%).Trend:Increase 11.37% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 4.29 (%).Trend:Decrease 52.39% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 6.21 (%).Trend:Increase 44.76% than previous quarter

Overall: decreasing (-31.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 79.17% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.24 (USD).Trend:Decrease 44.19% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 8.33% than previous quarter

Overall: decreasing (-48.84%). Fluctuation: **Significant** (high variation).



The financial statements show significant quarterly fluctuations in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue and current assets on revenue both increase dramatically after a period of decrease. The ratio of retained earnings to revenue shows a noticeable increase. Conversely, investment efficiency and earnings per share reveal a declining trend. The data indicates substantial volatility in the company's financial metrics, hindering comparisons with previous performance or industry benchmarks.