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 88.31 (%).Trend:Decrease 54.95% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 57.35 (%).Trend:Decrease 35.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 118.74 (%).Trend:Increase 107.04% than previous quarter

Overall: increasing (34.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 214.04 (%).Trend:Decrease 59.55% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 127.27 (%).Trend:Decrease 40.54% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 286.95 (%).Trend:Increase 125.47% than previous quarter

Overall: increasing (34.06%). 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 -350.27 (%).Trend:Decrease 51.51% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -240.5 (%).Trend:Decrease 31.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -514.2 (%).Trend:Increase 113.8% than previous quarter

Overall: decreasing (46.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.76 (%).Trend:Decrease 2.81% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.61 (%).Trend:Decrease 2.97% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.67 (%).Trend:Decrease 23.77% than previous quarter

Overall: decreasing (-26.03%). Fluctuation: **Neutral** (moderate variation).


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 -46.66 (%).Trend:Increase 14.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -52.5 (%).Trend:Increase 12.52% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -56.59 (%).Trend:Increase 7.79% than previous quarter

Overall: decreasing (21.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -1.62 (USD).Trend:Increase 92.86% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.37 (USD).Trend:Increase 46.3% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 105.49% than previous quarter

Overall: increasing (-108.02%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 show varied trends. Liabilities and current assets on revenue both increased, albeit with considerable fluctuations. The ratio of retained earnings to revenue showed a (negative) decreasing trend with high variation.  SG&A expense ratio steadily decreased. Investment efficiency also decreased, with considerable fluctuation. Earning per share showed an initially strong upward trend, followed by a steep drop.  The data point to significant volatility.