Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 35.6 (%).Trend:Decrease 40.41% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 62.3 (%).Trend:Increase 75.0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 141.59 (%).Trend:Increase 127.27% than previous quarter

Overall: increasing (297.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 57.03 (%).Trend:Decrease 33.09% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 94.63 (%).Trend:Increase 65.93% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 195.77 (%).Trend:Increase 106.88% than previous quarter

Overall: increasing (243.28%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 46.82 (%).Trend:Decrease 30.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 80.42 (%).Trend:Increase 71.76% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 160.58 (%).Trend:Increase 99.68% than previous quarter

Overall: increasing (242.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.21 (%).Trend:Decrease 0.48% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.46 (%).Trend:Increase 6.05% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.8 (%).Trend:Decrease 1.67% than previous quarter

Overall: increasing (4.27%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets 15.95 (%).Trend:Increase 6.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 17.9 (%).Trend:Increase 12.23% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 16.96 (%).Trend:Decrease 5.25% than previous quarter

Overall: increasing (6.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 47.47% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.66 (USD).Trend:Decrease 54.79% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 51.52% than previous quarter

Overall: decreasing (-78.08%). Fluctuation: **Significant** (high variation).



The analysis covers Q3 2021 to Q1 2022.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue show significant increases with high variation.  The SG&A expense ratio and retained earnings on assets demonstrate little variation and small increases. Earnings per share shows a significant decrease with high variation.  All data points consistently at zero or exhibiting outlier behavior are excluded.