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 10.27 (%).Trend:Decrease 24.54% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 23.94 (%).Trend:Increase 133.11% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 13.98 (%).Trend:Decrease 41.6% than previous quarter

Overall: increasing (36.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 14.73 (%).Trend:Decrease 29.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 37.34 (%).Trend:Increase 153.5% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 22.26 (%).Trend:Decrease 40.39% than previous quarter

Overall: increasing (51.12%). 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 4.03 (%).Trend:Decrease 28.16% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 10.93 (%).Trend:Increase 171.22% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 5.95 (%).Trend:Decrease 45.56% than previous quarter

Overall: increasing (47.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.61 (%).Trend:Increase 0.55% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.28 (%).Trend:Increase 4.59% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.11 (%).Trend:Decrease 1.11% than previous quarter

Overall: increasing (3.42%). 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 12.28 (%).Trend:Increase 1.4% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 13.35 (%).Trend:Increase 8.71% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 12.91 (%).Trend:Decrease 3.3% than previous quarter

Overall: increasing (5.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.44 (USD).Trend:Increase 41.18% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.54 (USD).Trend:Decrease 62.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.69 (USD).Trend:Increase 27.78% than previous quarter

Overall: decreasing (-52.08%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased in Q3 2021 then increased dramatically in Q1 2022, before declining again in Q2 2022.  Current assets on revenue also had a similar pattern of volatility.  Cost efficiency is marked by significant variation in the retained earnings-to-revenue ratio, while the SG&A expense ratio shows a mostly upward trend with only slight fluctuations. Investment efficiency shows steady increases in retained earnings on assets. Earning per share, however, shows a substantial drop in Q1 2022 with a slight recovery in Q2.  The data suggests considerable volatility in many financial indicators.