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 40.67 (%).Trend:Decrease 44.07% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.34 (%).Trend:Decrease 35.23% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 63.38 (%).Trend:Increase 140.62% than previous quarter

Overall: increasing (55.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 74.83 (%).Trend:Decrease 48.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 50.68 (%).Trend:Decrease 32.27% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 136.96 (%).Trend:Increase 170.24% than previous quarter

Overall: increasing (83.03%). 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 -5.1 (%).Trend:Decrease 77.32% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -0.98 (%).Trend:Decrease 80.78% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 24.19 (%).Trend:Decrease 2568.37% than previous quarter

Overall: increasing (-574.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.99 (%).Trend:Increase 0.35% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.75 (%).Trend:Decrease 1.2% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.99 (%).Trend:Decrease 3.85% than previous quarter

Overall: decreasing (-5.0%). Fluctuation: **Little** (low 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 -3.34 (%).Trend:Decrease 53.35% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -0.96 (%).Trend:Decrease 71.26% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.78 (%).Trend:Decrease 1014.58% than previous quarter

Overall: increasing (-362.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.56 (USD).Trend:Increase 166.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.83 (USD).Trend:Increase 48.21% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 60.24% than previous quarter

Overall: decreasing (-41.07%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize the three quarters analyzed (Q2 2021-Q1 2022). Liabilities and current assets on revenue increased substantially. The ratio of retained earnings to revenue showed a massive increase, while retained earnings on assets also increased dramatically.  Conversely, earnings per share experienced a significant decrease. SG&A expense remained relatively stable.