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 29.45 (%).Trend:Decrease 31.03% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 92.2 (%).Trend:Increase 213.07% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.95 (%).Trend:Decrease 51.25% than previous quarter

Overall: increasing (52.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 37.89 (%).Trend:Decrease 32.45% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 101.99 (%).Trend:Increase 169.17% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 47.87 (%).Trend:Decrease 53.06% than previous quarter

Overall: increasing (26.34%). 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 16.78 (%).Trend:Decrease 35.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 41.76 (%).Trend:Increase 148.87% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 18.62 (%).Trend:Decrease 55.41% than previous quarter

Overall: increasing (10.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.47 (%).Trend:Increase 0.26% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.71 (%).Trend:Decrease 2.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.52 (%).Trend:Decrease 0.71% than previous quarter

Overall: decreasing (-3.46%). 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 21.53 (%).Trend:Decrease 5.2% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 18.76 (%).Trend:Decrease 12.87% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 17.37 (%).Trend:Decrease 7.41% than previous quarter

Overall: decreasing (-19.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 9.66 (USD).Trend:Increase 53.58% than previous quarter
Year 2022 Quarter 1: Earning Per Share 3.59 (USD).Trend:Decrease 62.84% than previous quarter
Year 2022 Quarter 2: Earning Per Share 7.5 (USD).Trend:Increase 108.91% than previous quarter

Overall: decreasing (-22.36%). Fluctuation: **Significant** (high variation).



Analysis covers Q3 2021 to Q2 2022.  Liabilities and current assets on revenue showed significant increases overall but with high quarter-to-quarter fluctuations. Retained earnings on revenue also increased overall, with significant fluctuations. SG&A expense ratio decreased slightly with little fluctuation.  Retained earnings on assets decreased overall with moderate variation. Earnings per share showed a significant decrease overall with high variation.