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 47.01 (%).Trend:Decrease 48.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 34.01 (%).Trend:Decrease 27.65% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 93.2 (%).Trend:Increase 174.04% than previous quarter

Overall: increasing (98.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 95.98 (%).Trend:Decrease 56.62% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 56.21 (%).Trend:Decrease 41.44% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 172.59 (%).Trend:Increase 207.05% than previous quarter

Overall: increasing (79.82%). 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 15.59 (%).Trend:Decrease 46.97% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 10.94 (%).Trend:Decrease 29.83% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 36.71 (%).Trend:Increase 235.56% than previous quarter

Overall: increasing (135.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.41 (%).Trend:Increase 9.45% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.4 (%).Trend:Decrease 5.49% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.34 (%).Trend:Increase 5.4% than previous quarter

Overall: decreasing (-0.38%). 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 7.93 (%).Trend:Increase 8.33% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.32 (%).Trend:Increase 17.53% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 10.59 (%).Trend:Increase 13.63% than previous quarter

Overall: increasing (33.54%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -3.44 (USD).Trend:Increase 5.2% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.42 (USD).Trend:Decrease 29.65% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.62 (USD).Trend:Decrease 125.62% than previous quarter

Overall: increasing (-118.02%). Fluctuation: **Significant** (high variation).



Financial statements for 2021 Q2-2022 Q1 show significant fluctuations in various areas. Working capital efficiency, specifically liabilities and current assets on revenue, displayed increases.  Cost efficiency, measured by the retained earnings-to-revenue ratio, showed a substantial increase, although with significant volatility. The Selling, General & Administrative (SG&A) expense ratio experienced little fluctuation. Investment efficiency demonstrated a moderate overall increase in retained earnings on assets.  Earnings per share displayed high variation, demonstrating an overall increasing trend, however.