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 42.1 (%).Trend:Decrease 50.27% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 27.93 (%).Trend:Decrease 33.66% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 97.03 (%).Trend:Increase 247.4% than previous quarter

Overall: increasing (130.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 129.4 (%).Trend:Decrease 49.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 87.59 (%).Trend:Decrease 32.31% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 284.85 (%).Trend:Increase 225.21% than previous quarter

Overall: increasing (120.13%). 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 80.94 (%).Trend:Decrease 48.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 55.44 (%).Trend:Decrease 31.5% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 235.72 (%).Trend:Increase 325.18% than previous quarter

Overall: increasing (191.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.55 (%).Trend:Increase 1.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.18 (%).Trend:Decrease 2.54% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.28 (%).Trend:Increase 0.71% than previous quarter

Overall: decreasing (-1.86%). 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 30.98 (%).Trend:Increase 2.99% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 31.8 (%).Trend:Increase 2.65% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 40.17 (%).Trend:Increase 26.32% than previous quarter

Overall: increasing (29.66%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.28 (USD).Trend:Increase 124.56% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.08 (USD).Trend:Increase 62.5% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 67.31% than previous quarter

Overall: decreasing (-46.88%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2021 to Q1 2022 reveals substantial variations in key metrics. Working capital efficiency shows significant overall increases, but marked fluctuations in both liabilities and current assets.  Cost efficiency demonstrates a relatively stable decrease in SG&A expense ratio, in contrast to significant, fluctuating increases and decreases in the ratio of retained earnings to revenue. Investment efficiency demonstrates a steady upward trend, but the overall picture shows significant fluctuations. Earnings per share show a significant decrease, though with substantial volatility.