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 35.63 (%).Trend:Decrease 49.87% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.16 (%).Trend:Decrease 35.0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 82.32 (%).Trend:Increase 255.44% than previous quarter

Overall: increasing (131.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 54.1 (%).Trend:Decrease 41.42% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 34.05 (%).Trend:Decrease 37.06% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 107.73 (%).Trend:Increase 216.39% than previous quarter

Overall: increasing (99.13%). 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 -35.24 (%).Trend:Decrease 53.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -24.79 (%).Trend:Decrease 29.65% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -81.41 (%).Trend:Increase 228.4% than previous quarter

Overall: decreasing (131.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.16 (%).Trend:Decrease 1.72% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.42 (%).Trend:Increase 0.78% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.05 (%).Trend:Increase 1.89% than previous quarter

Overall: increasing (2.68%). 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 -36.28 (%).Trend:Decrease 14.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -38.97 (%).Trend:Increase 7.41% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -38.5 (%).Trend:Decrease 1.21% than previous quarter

Overall: decreasing (6.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 2.7 (USD).Trend:Increase 98.53% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.81 (USD).Trend:Increase 41.11% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.98 (USD).Trend:Decrease 74.28% than previous quarter

Overall: decreasing (-63.7%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 show significant fluctuations in key performance indicators (KPIs). Liabilities on revenue and current assets on revenue increased sharply in Q1 2022 after a downward trend in the preceding quarters. The ratio of retained earnings to revenue decreased substantially overall, and while SG&A expense ratio increased slightly, the fluctuation was minimal. Investment efficiency showed a steady decrease in retained earnings on assets.  Earnings per share declined significantly from Q3 2021 to Q1 2022, after a period of growth in the previous quarters. The volatility across various metrics requires further investigation into the underlying causes to develop effective strategies.