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 17.65 (%).Trend:Decrease 41.01% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 48.66 (%).Trend:Increase 175.69% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 20.77 (%).Trend:Decrease 57.32% than previous quarter

Overall: increasing (17.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 20.31 (%).Trend:Decrease 37.41% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 54.88 (%).Trend:Increase 170.21% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 26.54 (%).Trend:Decrease 51.64% than previous quarter

Overall: increasing (30.67%). 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 19.46 (%).Trend:Decrease 38.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 45.31 (%).Trend:Increase 132.84% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 22.52 (%).Trend:Decrease 50.3% than previous quarter

Overall: increasing (15.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.6 (%).Trend:Decrease 7.51% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.2 (%).Trend:Decrease 25.0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.09 (%).Trend:Decrease 9.17% than previous quarter

Overall: decreasing (-31.87%). Fluctuation: **Neutral** (moderate 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 27.21 (%).Trend:Increase 1.04% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 27.03 (%).Trend:Decrease 0.66% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 30.39 (%).Trend:Increase 12.43% than previous quarter

Overall: increasing (11.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 109.64% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.29 (USD).Trend:Increase 1512.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share 8.03 (USD).Trend:Increase 522.48% than previous quarter

Overall: increasing (9937.5%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, liabilities on revenue increased substantially in Q1 2022, then decreased. Current assets show a similar pattern. Cost efficiency (ratio of retained earnings to revenue) also shows significant fluctuation, increasing substantially in Q1 2022 before decreasing.  SG&A expenses have decreased steadily. Retained earnings on assets have shown a relatively stable increase. Earnings per share increased dramatically in Q1 2022, suggesting considerable growth potential, despite the volatility in other metrics.