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 47.89 (%).Trend:Decrease 30.81% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 131.08 (%).Trend:Increase 173.71% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 66.67 (%).Trend:Decrease 49.14% than previous quarter

Overall: increasing (39.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 77.4 (%).Trend:Decrease 30.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 209.22 (%).Trend:Increase 170.31% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 113.47 (%).Trend:Decrease 45.77% than previous quarter

Overall: increasing (46.6%). 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 18.39 (%).Trend:Decrease 27.74% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 61.98 (%).Trend:Increase 237.03% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.89 (%).Trend:Decrease 46.93% than previous quarter

Overall: increasing (78.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.58 (%).Trend:Decrease 1.19% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.25 (%).Trend:Decrease 1.24% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.14 (%).Trend:Increase 3.39% than previous quarter

Overall: increasing (2.11%). 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 12.44 (%).Trend:Increase 9.12% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 14.24 (%).Trend:Increase 14.47% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 14.33 (%).Trend:Increase 0.63% than previous quarter

Overall: increasing (15.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.05 (USD).Trend:Decrease 113.16% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.34 (USD).Trend:Increase 580.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.6 (USD).Trend:Increase 76.47% than previous quarter

Overall: increasing (1100.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, liabilities on revenue and current assets on revenue increased significantly. The ratio of retained earnings to revenue also increased significantly. The SG&A expense ratio had a small increase. Retained earnings on assets increased slightly.  Earnings per share exhibited significant growth with high fluctuation.