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 59.24 (%).Trend:Decrease 15.43% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 119.68 (%).Trend:Increase 102.03% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 74.01 (%).Trend:Decrease 38.16% than previous quarter

Overall: increasing (24.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 82.92 (%).Trend:Decrease 20.07% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 188.68 (%).Trend:Increase 127.54% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 107.05 (%).Trend:Decrease 43.26% than previous quarter

Overall: increasing (29.1%). 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 12.83 (%).Trend:Decrease 17.44% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 41.05 (%).Trend:Increase 219.95% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 23.45 (%).Trend:Decrease 42.87% than previous quarter

Overall: increasing (82.77%). 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 9.7 (%).Trend:Increase 14.52% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 13.01 (%).Trend:Increase 34.12% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 14.01 (%).Trend:Increase 7.69% than previous quarter

Overall: increasing (44.43%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.08 (USD).Trend:Increase 68.31% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.94 (USD).Trend:Decrease 69.48% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.17 (USD).Trend:Increase 130.85% than previous quarter

Overall: decreasing (-29.55%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 reveals high volatility. Liabilities on revenue exhibited a fluctuating trend, increasing significantly in Q1 2022 before decreasing in Q2 2022. Current assets on revenue also demonstrate substantial fluctuation, rising in Q1 2022 before decreasing again in Q2 2022. The ratio of retained earnings to revenue experienced a substantial increase in Q1 2022 and again saw decreases in the remaining quarters. Investment efficiency shows a moderately positive trend. Earnings per share exhibit substantial volatility, decreasing significantly in Q1 2022 before rebounding in Q2 2022.