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 129.42 (%).Trend:Decrease 50.98% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 79.26 (%).Trend:Decrease 38.76% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 256.97 (%).Trend:Increase 224.21% than previous quarter

Overall: increasing (98.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 148.22 (%).Trend:Decrease 50.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 96.83 (%).Trend:Decrease 34.67% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 342.85 (%).Trend:Increase 254.07% than previous quarter

Overall: increasing (131.31%). 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 45.78 (%).Trend:Increase 13.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 36.71 (%).Trend:Decrease 19.81% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 107.36 (%).Trend:Increase 192.45% than previous quarter

Overall: increasing (134.51%). 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 7.94 (%).Trend:Increase 116.94% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.58 (%).Trend:Increase 20.65% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 9.87 (%).Trend:Increase 3.03% than previous quarter

Overall: increasing (24.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 33.33% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 87.25% than previous quarter

Overall: decreasing (-83.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2021 to Q1 2022 reveals significant volatility in working capital efficiency, with liabilities and current assets on revenue showing increases but with high fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, also shows a large increase. Investment efficiency remains positive, but the overall increase is moderate.  Earnings per share, however, declined sharply.