Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 17.19 (%).Trend:Decrease 27.56% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 57.89 (%).Trend:Increase 236.77% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 24.86 (%).Trend:Decrease 57.06% than previous quarter

Overall: increasing (44.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.08 (%).Trend:Decrease 32.26% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 133.32 (%).Trend:Increase 232.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 63.65 (%).Trend:Decrease 52.26% than previous quarter

Overall: increasing (58.81%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.03 (%).Trend:Decrease 32.94% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 126.35 (%).Trend:Increase 232.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 67.72 (%).Trend:Decrease 46.4% than previous quarter

Overall: increasing (78.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.9 (%).Trend:Increase 2.64% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.21 (%).Trend:Increase 10.09% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.16 (%).Trend:Decrease 0.2% than previous quarter

Overall: increasing (9.87%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 60.38 (%).Trend:Decrease 2.33% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 60.18 (%).Trend:Decrease 0.33% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 65.22 (%).Trend:Increase 8.37% than previous quarter

Overall: increasing (8.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.72 (USD).Trend:Increase 40.9% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.16 (USD).Trend:Decrease 75.42% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.16 (USD).Trend:Increase 86.21% than previous quarter

Overall: decreasing (-54.24%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q2 2022 shows liabilities-to-revenue ratios significantly fluctuating, with overall decreasing trends. Current assets compared to revenue also display substantial fluctuation and decreasing overall trend. Cost efficiency shows significant fluctuation with an increasing overall trend.  SG&A expense ratio shows little fluctuation with an increasing trend.  Investment efficiency and return on assets show little fluctuation and increasing overall trends, while earnings per share display significant fluctuation and a decreasing trend.