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 19.47 (%).Trend:Decrease 34.66% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 68.73 (%).Trend:Increase 253.0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.98 (%).Trend:Decrease 53.47% than previous quarter

Overall: increasing (64.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 32.77 (%).Trend:Decrease 34.3% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 106.08 (%).Trend:Increase 223.71% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 49.61 (%).Trend:Decrease 53.23% than previous quarter

Overall: increasing (51.39%). 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 4.73 (%).Trend:Decrease 24.56% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 17.74 (%).Trend:Increase 275.05% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 9.28 (%).Trend:Decrease 47.69% than previous quarter

Overall: increasing (96.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.6 (%).Trend:Decrease 4.76% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.62 (%).Trend:Increase 0.17% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.93 (%).Trend:Increase 28.49% than previous quarter

Overall: increasing (28.71%). Fluctuation: **Neutral** (moderate 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 9.65 (%).Trend:Increase 14.88% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 7.48 (%).Trend:Decrease 22.49% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.2 (%).Trend:Increase 9.63% than previous quarter

Overall: decreasing (-15.03%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.47 (USD).Trend:Increase 32.09% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.53 (USD).Trend:Decrease 78.54% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.92 (USD).Trend:Increase 73.58% than previous quarter

Overall: decreasing (-62.75%). Fluctuation: **Significant** (high variation).



The analysis covers Q3 2021 to Q2 2022. Liabilities and current assets on revenue show overall increases with significant fluctuation. The ratio of retained earnings to revenue also significantly increased, while the SG&A expense ratio increased moderately. Retained earnings on assets decreased moderately, and earnings per share significantly decreased with high variation.