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 37.01 (%).Trend:Decrease 3.47% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 89.6 (%).Trend:Increase 142.1% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 47.29 (%).Trend:Decrease 47.22% than previous quarter

Overall: increasing (27.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 69.57 (%).Trend:Decrease 31.6% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 183.81 (%).Trend:Increase 164.21% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 95.18 (%).Trend:Decrease 48.22% than previous quarter

Overall: increasing (36.81%). 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 8.42 (%).Trend:Decrease 4.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 36.9 (%).Trend:Increase 338.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 22.13 (%).Trend:Decrease 40.03% than previous quarter

Overall: increasing (162.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.55 (%).Trend:Decrease 2.62% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.27 (%).Trend:Increase 3.88% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.04 (%).Trend:Decrease 1.19% than previous quarter

Overall: increasing (2.64%). 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 3.53 (%).Trend:Increase 6.33% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 6.25 (%).Trend:Increase 77.05% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 7.7 (%).Trend:Increase 23.2% than previous quarter

Overall: increasing (118.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.03 (USD).Trend:Increase 58.46% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.53 (USD).Trend:Decrease 48.54% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Increase 92.45% than previous quarter

Overall: decreasing (-0.97%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 reveals significant fluctuations in several key metrics.  Liabilities on revenue and current assets on revenue increased overall, but with substantial quarter-to-quarter swings.  The ratio of retained earnings to revenue experienced a dramatic increase, highlighting volatility. Conversely, the SG&A expense ratio exhibited minimal change.  Retained earnings on assets showed strong growth, while earnings per share displayed notable volatility despite a slight overall decrease.