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 209.05 (%).Trend:Decrease 58.07% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 102.42 (%).Trend:Decrease 51.01% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 257.38 (%).Trend:Increase 151.3% than previous quarter

Overall: increasing (23.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 174.41 (%).Trend:Decrease 59.46% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 85.52 (%).Trend:Decrease 50.97% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 168.16 (%).Trend:Increase 96.63% than previous quarter

Overall: decreasing (-3.58%). 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 -8.45 (%).Trend:Decrease 78.15% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1.27 (%).Trend:Decrease 115.03% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -11.64 (%).Trend:Decrease 1016.54% than previous quarter

Overall: decreasing (37.75%). 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 -1.27 (%).Trend:Decrease 42.27% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 0.36 (%).Trend:Decrease 128.35% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -1.48 (%).Trend:Decrease 511.11% than previous quarter

Overall: decreasing (16.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.82 (USD).Trend:Decrease 55.68% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.08 (USD).Trend:Decrease 231.71% than previous quarter
Year 2022 Quarter 1: Earning Per Share -1.48 (USD).Trend:Decrease 237.04% than previous quarter

Overall: decreasing (80.49%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 financial data reveals significant fluctuation in various financial metrics. Liabilities on revenue increased, but with substantial variation in percentage and increase. Current assets on revenue declined with variability. The ratio of retained earnings to revenue continued its negative trend, showing large variations.  Investment efficiency and earnings per share also exhibited significant volatility, decreasing overall. The financial statements point towards ongoing instability.