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 72.81 (%).Trend:Decrease 32.2% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 212.83 (%).Trend:Increase 192.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 105.65 (%).Trend:Decrease 50.36% than previous quarter

Overall: increasing (45.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 122.08 (%).Trend:Decrease 31.15% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 386.21 (%).Trend:Increase 216.36% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 187.47 (%).Trend:Decrease 51.46% than previous quarter

Overall: increasing (53.56%). 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 1.34 (%).Trend:Increase 21.82% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 13.99 (%).Trend:Increase 944.03% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 6.42 (%).Trend:Decrease 54.11% than previous quarter

Overall: increasing (379.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 0.64 (%).Trend:Increase 77.78% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 2.23 (%).Trend:Increase 248.44% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 2.1 (%).Trend:Decrease 5.83% than previous quarter

Overall: increasing (228.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.78 (USD).Trend:Increase 85.42% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.91 (USD).Trend:Decrease 48.88% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.91 (USD).Trend:Increase 109.89% than previous quarter

Overall: increasing (7.3%). Fluctuation: **Significant** (high variation).



Two sets of financial statements are analyzed. The first set, spanning Q3 2021 to Q2 2022, reveals substantial volatility in working capital efficiency, with liabilities and current assets on revenue experiencing marked increases and decreases across quarters.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a huge jump in Q1 2022, followed by a substantial decrease.  Investment efficiency shows high fluctuation, increasing dramatically in Q1 2022 and decreasing slightly in Q2. Earnings per share experienced an increase in Q3 2021, a decrease in Q1 2022, and a renewed increase in Q2 2022.