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 348.91 (%).Trend:Decrease 50.45% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 154.31 (%).Trend:Decrease 55.77% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 554.42 (%).Trend:Increase 259.29% than previous quarter

Overall: increasing (58.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 331.04 (%).Trend:Decrease 53.32% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 143.11 (%).Trend:Decrease 56.77% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 495.64 (%).Trend:Increase 246.33% than previous quarter

Overall: increasing (49.72%). 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 -75.39 (%).Trend:Decrease 60.18% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -33.98 (%).Trend:Decrease 54.93% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -83.73 (%).Trend:Increase 146.41% than previous quarter

Overall: decreasing (11.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -10.47 (%).Trend:Decrease 2.97% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -9.78 (%).Trend:Decrease 6.59% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -7.66 (%).Trend:Decrease 21.68% than previous quarter

Overall: increasing (-26.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -6.16 (USD).Trend:Increase 47.72% than previous quarter
Year 2021 Quarter 3: Earning Per Share -3.67 (USD).Trend:Decrease 40.42% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.78 (USD).Trend:Decrease 78.75% than previous quarter

Overall: increasing (-87.34%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 reveals significant volatility. Liabilities and current assets on revenue increased substantially, indicating potential improvement in working capital. However,  the ratio of retained earnings to revenue decreased, despite a Q3 2021 improvement, and earnings per share showed substantial volatility. Retained earnings on assets improved slightly. SG&A data is absent.