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 51.04 (%).Trend:Decrease 55.2% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.93 (%).Trend:Decrease 43.32% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 82.49 (%).Trend:Increase 185.14% than previous quarter

Overall: increasing (61.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 341.59 (%).Trend:Decrease 51.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 214.46 (%).Trend:Decrease 37.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 609.05 (%).Trend:Increase 183.99% than previous quarter

Overall: increasing (78.3%). 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 -373.41 (%).Trend:Decrease 51.61% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -243.51 (%).Trend:Decrease 34.79% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -791.06 (%).Trend:Increase 224.86% than previous quarter

Overall: decreasing (111.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 56.67 (%).Trend:Increase 5.39% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.09 (%).Trend:Decrease 4.55% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 58.23 (%).Trend:Increase 7.65% than previous quarter

Overall: increasing (2.75%). 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 -84.67 (%).Trend:Decrease 1.09% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -85.29 (%).Trend:Increase 0.73% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -90.28 (%).Trend:Increase 5.85% than previous quarter

Overall: decreasing (6.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.21 (USD).Trend:Increase 90.91% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.36 (USD).Trend:Increase 71.43% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.38 (USD).Trend:Increase 5.56% than previous quarter

Overall: decreasing (80.95%). Fluctuation: **Significant** (high variation).



From Q2 2021 to Q1 2022, liabilities and current assets on revenue increased significantly (61.62% and 78.3% respectively), suggesting improved working capital. However, the ratio of retained earnings to revenue decreased drastically (-111.85%), indicating poor cost efficiency. While SG&A expenses increased moderately, retained earnings on assets and earnings per share decreased considerably, signifying investment efficiency concerns. All ratios showed significant fluctuation.