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 32.91 (%).Trend:Decrease 31.82% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 89.45 (%).Trend:Increase 171.8% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 82.35 (%).Trend:Decrease 7.94% than previous quarter

Overall: increasing (150.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 50.68 (%).Trend:Decrease 35.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 131.05 (%).Trend:Increase 158.58% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 122.19 (%).Trend:Decrease 6.76% than previous quarter

Overall: increasing (141.1%). 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 47.95 (%).Trend:Decrease 31.06% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 149.86 (%).Trend:Increase 212.53% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 148.19 (%).Trend:Decrease 1.11% than previous quarter

Overall: increasing (209.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.3 (%).Trend:Decrease 0.81% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.19 (%).Trend:Increase 6.38% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.65 (%).Trend:Decrease 3.2% than previous quarter

Overall: increasing (2.98%). Fluctuation: **Little** (low variation).


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 46.89 (%).Trend:Increase 5.49% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 51.61 (%).Trend:Increase 10.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 54.05 (%).Trend:Increase 4.73% than previous quarter

Overall: increasing (15.27%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q3 2021 to Q2 2022 indicates a mixed performance. Liabilities and current assets on revenue show substantial volatility, increasing in Q1 2022 after previous decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue, experiences a significant increase, though the Q2 2022 data shows a small decrease. SG&A expense ratio shows moderate overall growth. Investment efficiency demonstrates consistent, slight increases in retained earnings on assets throughout the period.