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 34.79 (%).Trend:Decrease 33.37% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 103.94 (%).Trend:Increase 198.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 59.53 (%).Trend:Decrease 42.73% than previous quarter

Overall: increasing (71.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 160.9 (%).Trend:Decrease 33.08% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 493.98 (%).Trend:Increase 207.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 267.92 (%).Trend:Decrease 45.76% than previous quarter

Overall: increasing (66.51%). 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 44.18 (%).Trend:Decrease 1.56% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 188.93 (%).Trend:Increase 327.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 111.17 (%).Trend:Decrease 41.16% than previous quarter

Overall: increasing (151.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.63 (%).Trend:Decrease 3.28% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.26 (%).Trend:Decrease 3.48% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.03 (%).Trend:Decrease 2.24% than previous quarter

Overall: decreasing (-5.64%). 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 19.26 (%).Trend:Increase 49.07% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 27.8 (%).Trend:Increase 44.34% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 30.63 (%).Trend:Increase 10.18% than previous quarter

Overall: increasing (59.03%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 6.08 (USD).Trend:Increase 118.71% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.99 (USD).Trend:Decrease 50.82% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.15 (USD).Trend:Increase 105.69% than previous quarter

Overall: increasing (1.15%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 shows significant fluctuations in liabilities and current assets on revenue, both increasing overall despite quarter-to-quarter variations.  Retained earnings to revenue also increased significantly, while SG&A expenses decreased slightly. Retained earnings on assets increased steadily, and earnings per share showed significant fluctuation but an overall increase.  These findings suggest dynamic financial performance requiring further investigation.