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 154.36 (%).Trend:Decrease 58.77% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 102.85 (%).Trend:Decrease 33.37% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 338.91 (%).Trend:Increase 229.52% than previous quarter

Overall: increasing (119.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 437.36 (%).Trend:Decrease 65.2% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 240.57 (%).Trend:Decrease 44.99% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 870.05 (%).Trend:Increase 261.66% than previous quarter

Overall: increasing (98.93%). 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 -1904.28 (%).Trend:Decrease 58.88% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -1140.01 (%).Trend:Decrease 40.13% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -4304.84 (%).Trend:Increase 277.61% than previous quarter

Overall: decreasing (126.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 179.74 (%).Trend:Decrease 20.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 153.99 (%).Trend:Decrease 14.33% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 198.77 (%).Trend:Increase 29.08% than previous quarter

Overall: increasing (10.59%). Fluctuation: **Neutral** (moderate 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 -413.8 (%).Trend:Increase 18.01% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -450.61 (%).Trend:Increase 8.9% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -474.83 (%).Trend:Increase 5.37% than previous quarter

Overall: decreasing (14.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.93 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.25 (USD).Trend:Increase 34.41% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.31 (USD).Trend:Decrease 75.2% than previous quarter

Overall: increasing (-66.67%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 reveals significant fluctuations across key metrics. Liabilities on revenue, initially declining, increased sharply in Q1 2022, indicating a potential change in strategy or market conditions. Current assets on revenue followed a similar pattern, increasing in Q1 2022 after declining in the prior quarters.  Cost efficiency shows a mixed trend, with the SG&A expense ratio exhibiting moderate fluctuations while retained earnings-to-revenue ratio trends downward with high variability. Invest efficiency also exhibits significant fluctuation. Earnings per share show a mixed trend, decreasing then increasing again. Overall, the high variability suggests dynamic financial conditions requiring further investigation.