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 69.22 (%).Trend:Decrease 47.9% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 47.89 (%).Trend:Decrease 30.81% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 131.08 (%).Trend:Increase 173.71% than previous quarter

Overall: increasing (89.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 111.08 (%).Trend:Decrease 48.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 77.4 (%).Trend:Decrease 30.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 209.22 (%).Trend:Increase 170.31% than previous quarter

Overall: increasing (88.35%). 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 25.45 (%).Trend:Decrease 49.08% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 18.39 (%).Trend:Decrease 27.74% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 61.98 (%).Trend:Increase 237.03% than previous quarter

Overall: increasing (143.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.9 (%).Trend:Decrease 1.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.58 (%).Trend:Decrease 1.19% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.25 (%).Trend:Decrease 1.24% than previous quarter

Overall: decreasing (-2.42%). 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 11.4 (%).Trend:Increase 5.75% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 12.44 (%).Trend:Increase 9.12% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 14.24 (%).Trend:Increase 14.47% than previous quarter

Overall: increasing (24.91%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.38 (USD).Trend:Decrease 49.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.05 (USD).Trend:Decrease 113.16% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.34 (USD).Trend:Increase 580.0% than previous quarter

Overall: increasing (-189.47%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 reveals significant increases in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue, indicating substantial fluctuation.  The SG&A expense ratio exhibited a slight decrease with low variation. Retained earnings on assets showed a moderate increase, while earnings per share showed significant growth with extreme fluctuation.