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 32.89 (%).Trend:Decrease 32.67% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 103.8 (%).Trend:Increase 215.6% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.48 (%).Trend:Decrease 52.33% than previous quarter

Overall: increasing (50.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 35.87 (%).Trend:Decrease 33.66% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 113.41 (%).Trend:Increase 216.17% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 58.09 (%).Trend:Decrease 48.78% than previous quarter

Overall: increasing (61.95%). 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 185.9 (%).Trend:Decrease 33.2% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 548.97 (%).Trend:Increase 195.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 274.03 (%).Trend:Decrease 50.08% than previous quarter

Overall: increasing (47.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.94 (%).Trend:Increase 0.16% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.3 (%).Trend:Increase 0.97% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.13 (%).Trend:Decrease 0.46% than previous quarter

Overall: increasing (0.51%). 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 152.4 (%).Trend:Increase 1.82% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 153.59 (%).Trend:Increase 0.78% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 154.94 (%).Trend:Increase 0.88% than previous quarter

Overall: increasing (1.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 46.63% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 71.97% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.39 (USD).Trend:Increase 107.46% than previous quarter

Overall: decreasing (-41.84%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022 financial data reveals a mixed performance. Working capital efficiency, measured by liabilities and current assets on revenue, increased with significant fluctuations.  Cost efficiency, specifically the ratio of retained earnings to revenue, also increased overall, showing substantial changes. SG&A expense ratio saw a slight increase, with little fluctuation.  Investment efficiency, measured by retained earnings on assets, showed consistent increases with minimal variation.  Earnings per share showed an initial increase, but decreased in Q1 2022.