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 28.93 (%).Trend:Decrease 57.07% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.36 (%).Trend:Decrease 1.97% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 71.69 (%).Trend:Increase 152.79% than previous quarter

Overall: increasing (147.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 81.68 (%).Trend:Decrease 57.34% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 63.74 (%).Trend:Decrease 21.96% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 197.74 (%).Trend:Increase 210.23% than previous quarter

Overall: increasing (142.09%). 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 18.9 (%).Trend:Decrease 53.12% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 12.79 (%).Trend:Decrease 32.33% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 40.18 (%).Trend:Increase 214.15% than previous quarter

Overall: increasing (112.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.05 (%).Trend:Decrease 16.67% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.31 (%).Trend:Decrease 4.61% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.83 (%).Trend:Increase 36.05% than previous quarter

Overall: increasing (29.78%). 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 8.67 (%).Trend:Increase 15.75% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 8.28 (%).Trend:Decrease 4.5% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 7.49 (%).Trend:Decrease 9.54% than previous quarter

Overall: decreasing (-13.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.64 (USD).Trend:Increase 2033.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.94 (USD).Trend:Increase 46.87% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.18 (USD).Trend:Decrease 119.15% than previous quarter

Overall: decreasing (-128.12%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2021 to Q1 2022 exhibits significant fluctuations. Liabilities and current assets on revenue are increasing. The ratio of retained earnings to revenue also rises substantially.  Selling, General & Administrative (SG&A) expense ratio shows a moderate increasing trend. Investment efficiency (retained earnings on assets) decreases slightly. Earnings per share declines significantly.