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 53.28 (%).Trend:Decrease 50.49% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.94 (%).Trend:Decrease 45.68% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 100.63 (%).Trend:Increase 247.72% than previous quarter

Overall: increasing (88.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 101.63 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.55 (%).Trend:Decrease 31.57% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 165.48 (%).Trend:Increase 137.93% than previous quarter

Overall: increasing (62.83%). 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 220.15 (%).Trend:Decrease 52.51% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 147.35 (%).Trend:Decrease 33.07% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 398.19 (%).Trend:Increase 170.23% than previous quarter

Overall: increasing (80.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.46 (%).Trend:Decrease 2.1% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.39 (%).Trend:Decrease 0.94% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.86 (%).Trend:Decrease 7.17% than previous quarter

Overall: decreasing (-8.04%). 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
Year 2021 Quarter 2: Retained Earning on Assets 78.4 (%).Trend:Increase 1.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 79.66 (%).Trend:Increase 1.61% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 81.33 (%).Trend:Increase 2.1% than previous quarter

Overall: increasing (3.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 7.62 (USD).Trend:Increase 168.31% than previous quarter
Year 2021 Quarter 3: Earning Per Share 12.19 (USD).Trend:Increase 59.97% than previous quarter
Year 2022 Quarter 1: Earning Per Share 4.64 (USD).Trend:Decrease 61.94% than previous quarter

Overall: decreasing (-39.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 depict considerable volatility. Liabilities and current assets on revenue both increased, but with significant fluctuations.  The ratio of retained earnings to revenue also increased substantially, despite quarter-to-quarter fluctuations. SG&A expenses decreased slightly, but with low variability. Investment efficiency increased by a small margin, with minimal fluctuations. Earnings per share, however, decreased, with considerable quarter-to-quarter volatility.