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 79.53 (%).Trend:Decrease 25.05% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 225.72 (%).Trend:Increase 183.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 134.81 (%).Trend:Decrease 40.28% than previous quarter

Overall: increasing (69.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 91.51 (%).Trend:Decrease 22.91% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 238.95 (%).Trend:Increase 161.12% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 117.58 (%).Trend:Decrease 50.79% than previous quarter

Overall: increasing (28.49%). 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 44.95 (%).Trend:Decrease 30.37% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 142.32 (%).Trend:Increase 216.62% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 52.43 (%).Trend:Decrease 63.16% than previous quarter

Overall: increasing (16.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.28 (%).Trend:Decrease 0.43% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.17 (%).Trend:Decrease 2.83% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.0 (%).Trend:Decrease 0.45% than previous quarter

Overall: decreasing (-3.26%). 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 6.22 (%).Trend:Increase 5.42% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 6.75 (%).Trend:Increase 8.52% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 5.27 (%).Trend:Decrease 21.93% than previous quarter

Overall: decreasing (-15.27%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.57 (USD).Trend:Increase 64.74% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.87 (USD).Trend:Decrease 66.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.53 (USD).Trend:Decrease 275.86% than previous quarter

Overall: decreasing (-159.53%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2021 to Q2 2022 shows significant fluctuation in working capital efficiency. Liabilities on revenue increased dramatically in Q1 2022, after a previous period of decline, for a net increase of 69.51%. Current assets on revenue showed a similar pattern with a dramatic increase in Q1 2022. Cost efficiency (ratio of retained earnings to revenue) increased in Q1 2022 after a period of decline in prior quarters. SG&A expense ratio decreased slightly overall. Investment efficiency (retained earnings on assets) and earnings per share saw fluctuating trends, with a period of sharp decreases between quarters.