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 26.11 (%).Trend:Decrease 30.13% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 81.14 (%).Trend:Increase 210.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 39.27 (%).Trend:Decrease 51.6% than previous quarter

Overall: increasing (50.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 62.98 (%).Trend:Decrease 3.8% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 122.7 (%).Trend:Increase 94.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 61.25 (%).Trend:Decrease 50.08% than previous quarter

Overall: decreasing (-2.75%). 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 39.98 (%).Trend:Decrease 33.99% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 95.55 (%).Trend:Increase 138.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 47.17 (%).Trend:Decrease 50.63% than previous quarter

Overall: increasing (17.98%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.7 (%).Trend:Decrease 3.33% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.19 (%).Trend:Decrease 5.86% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.91 (%).Trend:Decrease 3.42% than previous quarter

Overall: decreasing (-9.08%). 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 33.91 (%).Trend:Decrease 14.41% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 29.11 (%).Trend:Decrease 14.16% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 29.63 (%).Trend:Increase 1.79% than previous quarter

Overall: decreasing (-12.62%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.72 (USD).Trend:Increase 83.78% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 78.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.2 (USD).Trend:Increase 103.39% than previous quarter

Overall: decreasing (-55.88%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 demonstrate substantial volatility in key metrics. Liabilities on revenue and current assets on revenue increased then decreased significantly.  Cost efficiency reveals an increase in the ratio of retained earnings to revenue, but with substantial variation. SG&A expense ratio remained relatively stable. Invest efficiency indicates a moderate decrease in retained earnings on assets. Earnings per share, too, displayed considerable variation. Further investigation is needed to assess the underlying causes.