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 44.24 (%).Trend:Decrease 53.13% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.17 (%).Trend:Decrease 34.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 82.04 (%).Trend:Increase 181.25% than previous quarter

Overall: increasing (85.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 11.97 (%).Trend:Decrease 56.71% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 7.83 (%).Trend:Decrease 34.59% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 23.79 (%).Trend:Increase 203.83% than previous quarter

Overall: increasing (98.75%). 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 -36.92 (%).Trend:Decrease 56.85% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -24.68 (%).Trend:Decrease 33.15% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -55.62 (%).Trend:Increase 125.36% than previous quarter

Overall: decreasing (50.65%). Fluctuation: **Significant** (high 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 -23.48 (%).Trend:Decrease 8.71% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -23.58 (%).Trend:Increase 0.43% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -19.8 (%).Trend:Decrease 16.03% than previous quarter

Overall: increasing (-15.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 119.23% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.74 (USD).Trend:Increase 1.75% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.85 (USD).Trend:Decrease 51.15% than previous quarter

Overall: decreasing (-50.29%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 shows considerable volatility. Liabilities on revenue increased, but experienced marked quarterly fluctuations.  Current assets on revenue also increased overall, but with substantial quarter-to-quarter fluctuations. The ratio of retained earnings to revenue displayed a consistent decline overall. Investment efficiency (retained earnings on assets) showed an overall increase, but with fluctuations.  Earnings per share showed a slight net decrease. The results suggest significant volatility in all financial performance measures.