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 17.51 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 50.6 (%).Trend:Increase 188.98% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.7 (%).Trend:Decrease 49.21% than previous quarter

Overall: increasing (46.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 78.63 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 228.66 (%).Trend:Increase 190.81% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 110.9 (%).Trend:Decrease 51.5% than previous quarter

Overall: increasing (41.04%). 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 130.66 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 376.47 (%).Trend:Increase 188.13% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 188.47 (%).Trend:Decrease 49.94% than previous quarter

Overall: increasing (44.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.5 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.47 (%).Trend:Increase 4.73% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.28 (%).Trend:Increase 3.77% than previous quarter

Overall: increasing (8.68%). 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 76.12 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 76.34 (%).Trend:Increase 0.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 76.0 (%).Trend:Decrease 0.45% than previous quarter

Overall: decreasing (-0.16%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements show varying degrees of fluctuation in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue and current assets on revenue exhibit significant fluctuations between quarters, suggesting a need for more stability.  The ratio of retained earnings to revenue shows substantial fluctuations and growth, likely indicating the company is expanding. SG&A expenses show a moderate, consistent upward trend. Investment efficiency shows a small decrease and a low degree of fluctuation, suggesting consistent levels of asset management. Overall, there are increasing trends in several areas but with significant variations, which warrants a deeper analysis.