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 44.02 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.72 (%).Trend:Decrease 32.49% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 83.22 (%).Trend:Increase 180.01% than previous quarter

Overall: increasing (89.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 76.87 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 52.62 (%).Trend:Decrease 31.55% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 166.69 (%).Trend:Increase 216.78% than previous quarter

Overall: increasing (116.85%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.43 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.08 (%).Trend:Decrease 2.27% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.59 (%).Trend:Increase 3.38% than previous quarter

Overall: increasing (1.04%). 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
Earning Per Share
Year 2021 Quarter 2: Earning Per Share 3.19 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.18 (USD).Trend:Increase 62.38% than previous quarter
Year 2022 Quarter 1: Earning Per Share 3.32 (USD).Trend:Decrease 35.91% than previous quarter

Overall: increasing (4.08%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 show significant fluctuations in working capital efficiency. Liabilities on revenue increased from 44.02% to 83.22% then decreased, while current assets on revenue similarly increased from 76.87% to 166.69% then decreased.  Cost efficiency, as measured by the SG&A expense ratio, shows a slight overall increase with little fluctuation.  Investment efficiency, measured by earnings per share, reveals a significant overall increase but with substantial fluctuations, including a decrease in Q1 2022.