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 30.63 (%).Trend:Decrease 56.69% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.45 (%).Trend:Decrease 29.97% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 67.46 (%).Trend:Increase 214.5% than previous quarter

Overall: increasing (120.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 220.49 (%).Trend:Decrease 51.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 127.07 (%).Trend:Decrease 42.37% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 149.88 (%).Trend:Increase 17.95% than previous quarter

Overall: decreasing (-32.02%). 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 99.39 (%).Trend:Decrease 77.61% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 60.42 (%).Trend:Decrease 39.21% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 77.95 (%).Trend:Increase 29.01% than previous quarter

Overall: decreasing (-21.57%). Fluctuation: **Neutral** (moderate 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 17.46 (%).Trend:Decrease 42.38% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 17.7 (%).Trend:Increase 1.37% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.16 (%).Trend:Decrease 3.05% than previous quarter

Overall: decreasing (-1.72%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.6 (USD).Trend:Increase 172.73% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.56 (USD).Trend:Decrease 6.67% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 128.57% than previous quarter

Overall: increasing (-126.67%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased sharply in Q1 2022, then decreased significantly in Q2 and Q3 2022.  Current assets on revenue decreased overall, also with significant quarter-to-quarter variation.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a decreasing trend with moderate fluctuation.  Investment efficiency, as measured by retained earnings on assets, shows a slight decrease overall with little fluctuation. Earnings per share increased overall, but showed significant volatility, with large increases and decreases between quarters.