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 37.86 (%).Trend:Decrease 49.43% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.55 (%).Trend:Decrease 32.51% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 85.76 (%).Trend:Increase 235.66% than previous quarter

Overall: increasing (126.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 164.16 (%).Trend:Decrease 51.18% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 109.15 (%).Trend:Decrease 33.51% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 290.74 (%).Trend:Increase 166.37% than previous quarter

Overall: increasing (77.11%). 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 201.75 (%).Trend:Decrease 52.83% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 129.62 (%).Trend:Decrease 35.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 328.87 (%).Trend:Increase 153.72% than previous quarter

Overall: increasing (63.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.04 (%).Trend:Increase 0.58% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.55 (%).Trend:Increase 4.24% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.43 (%).Trend:Decrease 8.92% than previous quarter

Overall: decreasing (-5.07%). 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 46.54 (%).Trend:Decrease 3.64% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 45.37 (%).Trend:Decrease 2.51% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 43.07 (%).Trend:Decrease 5.07% than previous quarter

Overall: decreasing (-7.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -2.74 (USD).Trend:Increase 179.59% than previous quarter
Year 2021 Quarter 3: Earning Per Share -3.58 (USD).Trend:Increase 30.66% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.31 (USD).Trend:Decrease 91.34% than previous quarter

Overall: increasing (-88.69%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2021 to Q1 2022 presents a mixed financial picture. Working capital efficiency, measured by liabilities and current assets on revenue, increased, but with large fluctuations. Cost efficiency, as seen in the retained earnings to revenue ratio, also increased but with significant variability. SG&A expenses decreased slightly. Investment efficiency (retained earnings on assets) decreased constantly but with low volatility. Earnings per share (EPS) demonstrated significant variations and increases and decreases.