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 49.69 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 150.2 (%).Trend:Increase 202.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 72.73 (%).Trend:Decrease 51.58% than previous quarter

Overall: increasing (46.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 92.33 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 273.88 (%).Trend:Increase 196.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 134.42 (%).Trend:Decrease 50.92% than previous quarter

Overall: increasing (45.59%). 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 159.37 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 474.79 (%).Trend:Increase 197.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 223.84 (%).Trend:Decrease 52.85% than previous quarter

Overall: increasing (40.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.05 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.35 (%).Trend:Increase 9.56% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.77 (%).Trend:Decrease 6.0% than previous quarter

Overall: increasing (2.99%). 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 57.69 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 52.39 (%).Trend:Decrease 9.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 52.59 (%).Trend:Increase 0.38% than previous quarter

Overall: decreasing (-8.84%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.66 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 73.49% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Increase 145.45% than previous quarter

Overall: decreasing (-34.94%). Fluctuation: **Significant** (high variation).



The review covers three quarters (Q3 2021-Q2 2022), assessing working capital, cost, and investment efficiency.  Significant increases with high variation are noted in liabilities/revenue, current assets/revenue, and retained earnings/revenue.  The SG&A expense ratio shows a small increase with low variation. Retained earnings/assets slightly decreased with low variation.  Earnings per share decreased significantly with high variation.