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 32.84 (%).Trend:Decrease 28.99% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 146.12 (%).Trend:Increase 344.95% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 74.24 (%).Trend:Decrease 49.19% than previous quarter

Overall: increasing (126.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 35.42 (%).Trend:Decrease 36.7% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 100.78 (%).Trend:Increase 184.53% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 49.79 (%).Trend:Decrease 50.6% than previous quarter

Overall: increasing (40.57%). 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 19.61 (%).Trend:Decrease 43.41% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 56.87 (%).Trend:Increase 190.01% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 27.14 (%).Trend:Decrease 52.28% than previous quarter

Overall: increasing (38.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.43 (%).Trend:Decrease 0.44% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.07 (%).Trend:Decrease 2.68% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.64 (%).Trend:Increase 4.36% than previous quarter

Overall: increasing (1.56%). 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 16.86 (%).Trend:Decrease 11.22% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 16.37 (%).Trend:Decrease 2.91% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 15.33 (%).Trend:Decrease 6.35% than previous quarter

Overall: decreasing (-9.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 4.86 (USD).Trend:Decrease 8.99% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 76.34% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 48.7% than previous quarter

Overall: decreasing (-64.81%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 reveals mixed trends. Liabilities and current assets on revenue increased, but with considerable volatility. The ratio of retained earnings to revenue rose, with large quarter-to-quarter shifts.  The SG&A expense ratio trended upwards slightly. Investment efficiency showed a slight decrease, while earnings per share declined significantly, exhibiting substantial quarter-to-quarter variations.