Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 88.9 (%).Trend:Decrease 31.93% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 251.83 (%).Trend:Increase 183.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 127.35 (%).Trend:Decrease 49.43% than previous quarter

Overall: increasing (43.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 111.92 (%).Trend:Decrease 33.33% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 312.53 (%).Trend:Increase 179.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 157.62 (%).Trend:Decrease 49.57% than previous quarter

Overall: increasing (40.83%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 113.06 (%).Trend:Decrease 34.18% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 354.95 (%).Trend:Increase 213.95% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 174.85 (%).Trend:Decrease 50.74% than previous quarter

Overall: increasing (54.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets 32.09 (%).Trend:Increase 1.07% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 35.72 (%).Trend:Increase 11.31% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.04 (%).Trend:Increase 0.9% than previous quarter

Overall: increasing (12.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.16 (USD).Trend:Increase 300.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 18.75% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.25 (USD).Trend:Increase 92.31% than previous quarter

Overall: increasing (56.25%). Fluctuation: **Significant** (high variation).



The analysis covers Q3 2021 to Q2 2022 (three quarters).  Liabilities and current assets on revenue show significant increases overall but with high fluctuations.  The ratio of retained earnings to revenue also shows a significant overall increase with high fluctuation.  Retained earnings on assets show a small overall increase with low variation. Earnings per share show a significant overall increase, but also with high variation.  Data errors and outliers should be excluded.