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 performance from Q2 2021 to Q1 2022 exhibits significant volatility. Working capital efficiency (liabilities and current assets on revenue) increased dramatically, yet with substantial quarter-to-quarter fluctuation. Cost efficiency (ratio of retained earnings to revenue) fell considerably, fluctuating considerably. Investment efficiency and earning per share also declined notably, with substantial volatility.