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 26.65 (%).Trend:Decrease 58.31% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 15.51 (%).Trend:Decrease 41.8% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 52.12 (%).Trend:Increase 236.04% than previous quarter

Overall: increasing (95.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 28.01 (%).Trend:Decrease 56.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 15.98 (%).Trend:Decrease 42.95% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 57.45 (%).Trend:Increase 259.51% than previous quarter

Overall: increasing (105.11%). 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 14.35 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 10.42 (%).Trend:Decrease 27.39% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 31.75 (%).Trend:Increase 204.7% than previous quarter

Overall: increasing (121.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.94 (%).Trend:Decrease 4.24% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.11 (%).Trend:Increase 1.71% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.79 (%).Trend:Increase 6.73% than previous quarter

Overall: increasing (8.55%). 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 24.09 (%).Trend:Increase 15.21% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 27.39 (%).Trend:Increase 13.7% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 22.75 (%).Trend:Decrease 16.94% than previous quarter

Overall: decreasing (-5.56%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 4.04 (USD).Trend:Increase 208.4% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.08 (USD).Trend:Increase 50.5% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.41 (USD).Trend:Decrease 60.36% than previous quarter

Overall: decreasing (-40.35%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2021 to Q1 2022 reveals substantial fluctuations in key performance indicators. Liabilities and current assets on revenue increased significantly but with large variations. The retained earnings to revenue ratio also showed a substantial increase.  The SG&A expense ratio displays a small increase. Investment efficiency saw a small decrease, and earnings per share experienced a significant decrease with volatility.