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 42.8 (%).Trend:Increase 10.03% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.53 (%).Trend:Decrease 28.67% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 80.14 (%).Trend:Increase 162.5% than previous quarter

Overall: increasing (87.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 44.77 (%).Trend:Increase 37.71% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 29.0 (%).Trend:Decrease 35.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 125.46 (%).Trend:Increase 332.62% than previous quarter

Overall: increasing (180.23%). 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 255.15 (%).Trend:Increase 20.94% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 149.12 (%).Trend:Decrease 41.56% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 131.16 (%).Trend:Decrease 12.04% than previous quarter

Overall: decreasing (-48.59%). 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 48.96 (%).Trend:Increase 3.38% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 48.11 (%).Trend:Decrease 1.74% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 13.36 (%).Trend:Decrease 72.23% than previous quarter

Overall: decreasing (-72.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.39 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.55 (USD).Trend:Increase 41.03% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.75 (USD).Trend:Increase 36.36% than previous quarter

Overall: increasing (92.31%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2021 to Q1 2022 reveals significant fluctuations in key financial metrics.  Working capital efficiency (liabilities and current assets on revenue) rose considerably but exhibited extreme variability. Cost efficiency (ratio of retained earnings to revenue) decreased substantially while fluctuating greatly. Investment efficiency and earning per share both increased overall, though highly volatile.