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

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 92.35 (%).Trend:Increase 191.42% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 68.44 (%).Trend:Decrease 25.89% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 59.55 (%).Trend:Decrease 12.99% than previous quarter

Overall: decreasing (-35.52%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 189.93 (%).Trend:Increase 163.9% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 141.35 (%).Trend:Decrease 25.58% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 176.53 (%).Trend:Increase 24.89% than previous quarter

Overall: decreasing (-7.06%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 75.0 (%).Trend:Increase 27.53% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 56.47 (%).Trend:Decrease 24.71% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 81.33 (%).Trend:Increase 44.02% than previous quarter

Overall: increasing (8.44%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.61 (%).Trend:Decrease 42.57% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.87 (%).Trend:Increase 29.7% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.92 (%).Trend:Increase 20.77% than previous quarter

Overall: increasing (56.64%). Fluctuation: **Neutral** (moderate variation).


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

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 16.77 (%).Trend:Decrease 35.4% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 17.89 (%).Trend:Increase 6.68% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 15.92 (%).Trend:Decrease 11.01% than previous quarter

Overall: decreasing (-5.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -6.59 (USD).Trend:Decrease 944.87% than previous quarter
Year 2021 Quarter 2: Earning Per Share -4.65 (USD).Trend:Decrease 29.44% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 101.51% than previous quarter

Overall: increasing (-101.06%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2021 to Q1 2022 shows a mixed bag. Liabilities on revenue are decreasing, but current assets on revenue are also decreasing, although with more volatility. Cost efficiency, measured by the ratio of retained earnings to revenue, is increasing. However, SG&A expense ratio is increasing. Investment efficiency, as measured by retained earnings on assets, is decreasing.  Earning per share is showing a significant increase over the period, moving from negative to positive (though still in the negative range in Q1 2022). Overall, the data indicates fluctuations across different financial metrics, requiring further analysis to understand the underlying trends.