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 87.52 (%).Trend:Decrease 10.98% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 61.04 (%).Trend:Decrease 30.26% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 55.9 (%).Trend:Decrease 8.42% than previous quarter

Overall: decreasing (-36.13%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 47.52 (%).Trend:Decrease 63.26% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 44.99 (%).Trend:Decrease 5.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 93.02 (%).Trend:Increase 106.76% than previous quarter

Overall: increasing (95.75%). 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 4.85 (%).Trend:Decrease 68.3% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 7.06 (%).Trend:Increase 45.57% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 24.27 (%).Trend:Increase 243.77% than previous quarter

Overall: increasing (400.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.14 (%).Trend:Decrease 21.88% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.1 (%).Trend:Decrease 11.63% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.04 (%).Trend:Decrease 13.25% than previous quarter

Overall: decreasing (-23.34%). 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 0.83 (%).Trend:Decrease 16.16% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.07 (%).Trend:Increase 149.4% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 2.89 (%).Trend:Increase 39.61% than previous quarter

Overall: increasing (248.19%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2021 to Q1 2022 reveals a complex picture. Liabilities on revenue continued to decrease, showing moderate fluctuation.  Current assets on revenue initially decreased but then increased significantly in Q1 2022, demonstrating substantial variation. Cost efficiency, as shown by the ratio of retained earnings to revenue and SG&A expense ratio, displays an overall increase.  Investment efficiency, measured by retained earnings on assets, also demonstrates a notable overall increase.