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 11.67 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 8.28 (%).Trend:Decrease 29.05% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 21.48 (%).Trend:Increase 159.42% than previous quarter

Overall: increasing (84.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 148.97 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 102.56 (%).Trend:Decrease 31.15% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 300.08 (%).Trend:Increase 192.59% than previous quarter

Overall: increasing (101.44%). 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 313.2 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 206.01 (%).Trend:Decrease 34.22% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 607.25 (%).Trend:Increase 194.77% than previous quarter

Overall: increasing (93.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.63 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.41 (%).Trend:Decrease 3.32% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Increase 11.39% than previous quarter

Overall: increasing (7.69%). Fluctuation: **Little** (low 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 95.76 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 94.85 (%).Trend:Decrease 0.95% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 95.2 (%).Trend:Increase 0.37% than previous quarter

Overall: decreasing (-0.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 3.21 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.2 (USD).Trend:Increase 61.99% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.53 (USD).Trend:Decrease 70.58% than previous quarter

Overall: decreasing (-52.34%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 shows generally increasing trends, but with significant fluctuations.  Working capital efficiency, including liabilities and current assets on revenue, is increasing, although with large variations. Cost efficiency is also increasing in most aspects, particularly with the ratio of retained earnings to revenue, yet these improvements are accompanied by major fluctuations.  SG&A expense ratios show a more stable increasing trend.  Investment efficiency is relatively stable with a slight decrease. Earnings per share are declining with considerable variation.