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 22.96 (%).Trend:Decrease 61.38% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 57.73 (%).Trend:Increase 151.44% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.63 (%).Trend:Decrease 46.94% than previous quarter

Overall: increasing (33.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 37.48 (%).Trend:Decrease 26.83% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 101.88 (%).Trend:Increase 171.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 52.76 (%).Trend:Decrease 48.21% than previous quarter

Overall: increasing (40.77%). 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 44.98 (%).Trend:Decrease 30.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 108.01 (%).Trend:Increase 140.13% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 51.61 (%).Trend:Decrease 52.22% than previous quarter

Overall: increasing (14.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.73 (%).Trend:Decrease 21.72% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.85 (%).Trend:Increase 15.44% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.76 (%).Trend:Decrease 0.57% than previous quarter

Overall: increasing (14.79%). 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 38.19 (%).Trend:Increase 2.06% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 35.54 (%).Trend:Decrease 6.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 34.45 (%).Trend:Decrease 3.07% than previous quarter

Overall: decreasing (-9.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.22 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 80.63% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.34 (USD).Trend:Decrease 20.93% than previous quarter

Overall: decreasing (-84.68%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased significantly from Q3 2021 to Q1 2022, then decreased to Q2 2022, and continued decreasing in Q3 2022.  Current assets on revenue also show a similar significant pattern of increasing from Q3 2021 to Q1 2022, then decreasing in Q2 and Q3 2022.  Cost efficiency shows significant fluctuation in the ratio of retained earnings to revenue, while the selling, general, and administrative (SG&A) expense ratio shows little fluctuation.  Investment efficiency shows little fluctuation in retained earnings on assets. Earning per share shows a significant decrease from Q3 2021 to Q1 2022, then a significant increase from Q1 2022 to Q2 2022.