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 25.63 (%).Trend:Decrease 26.92% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 88.42 (%).Trend:Increase 244.99% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 43.35 (%).Trend:Decrease 50.97% than previous quarter

Overall: increasing (69.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 60.67 (%).Trend:Decrease 29.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 174.06 (%).Trend:Increase 186.9% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 84.62 (%).Trend:Decrease 51.38% than previous quarter

Overall: increasing (39.48%). 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 21.14 (%).Trend:Decrease 24.74% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 64.77 (%).Trend:Increase 206.39% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 35.15 (%).Trend:Decrease 45.73% than previous quarter

Overall: increasing (66.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.95 (%).Trend:Increase 5.86% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.29 (%).Trend:Decrease 4.89% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.38 (%).Trend:Increase 6.47% than previous quarter

Overall: increasing (1.27%). 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 17.6 (%).Trend:Increase 7.38% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 18.82 (%).Trend:Increase 6.93% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 21.21 (%).Trend:Increase 12.7% than previous quarter

Overall: increasing (20.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.75 (USD).Trend:Increase 23.87% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.1 (USD).Trend:Decrease 60.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.01 (USD).Trend:Increase 82.73% than previous quarter

Overall: decreasing (-26.91%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2021 to Q2 2022 reveals high volatility in key metrics. Liabilities and current assets on revenue both showed substantial increases and decreases quarter-to-quarter, indicative of significant fluctuations. The ratio of retained earnings to revenue exhibited similar large swings, highlighting significant variations in cost efficiency. Selling, General, and Administrative (SG&A) expenses show little fluctuation overall.  Investment efficiency, as measured by retained earnings on assets, displays little volatility, trending upward. Earnings per share, however, show a substantial overall decrease with notable quarterly shifts.