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 80.33 (%).Trend:Decrease 66.39% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 51.01 (%).Trend:Decrease 36.5% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 453.39 (%).Trend:Increase 788.83% than previous quarter

Overall: increasing (464.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 113.33 (%).Trend:Decrease 63.23% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.43 (%).Trend:Decrease 36.09% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 1079.88 (%).Trend:Increase 1390.93% than previous quarter

Overall: increasing (852.86%). 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 89.49 (%).Trend:Decrease 48.67% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 61.21 (%).Trend:Decrease 31.6% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 562.75 (%).Trend:Increase 819.38% than previous quarter

Overall: increasing (528.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.67 (%).Trend:Decrease 2.3% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.56 (%).Trend:Decrease 0.51% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.96 (%).Trend:Increase 34.32% than previous quarter

Overall: increasing (33.64%). Fluctuation: **Neutral** (moderate 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 26.14 (%).Trend:Increase 16.91% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 27.38 (%).Trend:Increase 4.74% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 33.04 (%).Trend:Increase 20.67% than previous quarter

Overall: increasing (26.4%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.22 (USD).Trend:Increase 266.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 59.09% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 42.86% than previous quarter

Overall: decreasing (-9.09%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 reveal significant fluctuations in key metrics. Liabilities and current assets on revenue increased dramatically in Q1 2022 after a period of decrease, highlighting significant volatility. The ratio of retained earnings to revenue also showed substantial increases, contrasting with the consistently decreasing SG&A expense ratio. Investment efficiency, measured by retained earnings on assets, continued its upward trend, while earnings per share showed both increases and decreases during this period.