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 7.97 (%).Trend:Decrease 35.83% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 25.83 (%).Trend:Increase 224.09% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 12.04 (%).Trend:Decrease 53.39% than previous quarter

Overall: increasing (51.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 24.83 (%).Trend:Decrease 35.57% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 89.57 (%).Trend:Increase 260.73% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 44.87 (%).Trend:Decrease 49.91% than previous quarter

Overall: increasing (80.71%). 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 1.54 (%).Trend:Increase 926.67% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 19.8 (%).Trend:Increase 1185.71% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 12.95 (%).Trend:Decrease 34.6% than previous quarter

Overall: increasing (740.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.23 (%).Trend:Increase 3.73% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.01 (%).Trend:Decrease 3.04% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.19 (%).Trend:Increase 2.57% than previous quarter

Overall: decreasing (-0.55%). 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 4.23 (%).Trend:Increase 1410.71% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 16.81 (%).Trend:Increase 297.4% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 21.8 (%).Trend:Increase 29.68% than previous quarter

Overall: increasing (415.37%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 23.23 (USD).Trend:Increase 25.98% than previous quarter
Year 2022 Quarter 1: Earning Per Share 13.72 (USD).Trend:Decrease 40.94% than previous quarter
Year 2022 Quarter 2: Earning Per Share 21.49 (USD).Trend:Increase 56.63% than previous quarter

Overall: decreasing (-7.49%). Fluctuation: **Neutral** (moderate variation).



This analysis covers Q3 2021 to Q2 2022, revealing significant fluctuations across key financial ratios. Working capital efficiency shows increasing liabilities (51.07%) and current assets (80.71%) on revenue, both with high variation. Cost efficiency indicates a substantial increase in retained earnings relative to revenue (740.91%) despite significant fluctuation, while SG&A expenses decreased slightly (-0.55%) with minimal variation. Investment efficiency demonstrates increasing retained earnings on assets (415.37%) with high variation. Earnings per share decreased overall (-7.49%) with moderate fluctuation. Overall, the company exhibits strong growth in asset and earnings retention, but with considerable volatility in several key areas.