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 24.6 (%).Trend:Decrease 34.97% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 78.27 (%).Trend:Increase 218.17% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 42.05 (%).Trend:Decrease 46.28% than previous quarter

Overall: increasing (70.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 37.83 (%).Trend:Decrease 32.03% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 112.4 (%).Trend:Increase 197.12% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 58.33 (%).Trend:Decrease 48.1% than previous quarter

Overall: increasing (54.19%). 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 18.05 (%).Trend:Decrease 27.94% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 58.91 (%).Trend:Increase 226.37% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 27.8 (%).Trend:Decrease 52.81% than previous quarter

Overall: increasing (54.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.35 (%).Trend:Increase 2.2% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.41 (%).Trend:Increase 0.72% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.85 (%).Trend:Decrease 6.66% than previous quarter

Overall: decreasing (-5.99%). 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 31.43 (%).Trend:Increase 6.15% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 31.11 (%).Trend:Decrease 1.02% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 29.57 (%).Trend:Decrease 4.95% than previous quarter

Overall: decreasing (-5.92%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.82 (USD).Trend:Increase 55.92% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.22 (USD).Trend:Decrease 68.06% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.39 (USD).Trend:Increase 95.9% than previous quarter

Overall: decreasing (-37.43%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 financial data reveals significant fluctuations in liabilities/current assets on revenue, and the ratio of retained earnings to revenue.  The selling, general, and administrative (SG&A) expense ratio shows a slight decline, while investment efficiency (retained earnings on assets) exhibits minor downward movement. Earnings per share, however, show large variations.