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 30.25 (%).Trend:Decrease 37.04% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 69.4 (%).Trend:Increase 129.42% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.33 (%).Trend:Decrease 36.12% than previous quarter

Overall: increasing (46.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 15.23 (%).Trend:Decrease 50.03% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 48.14 (%).Trend:Increase 216.09% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 23.33 (%).Trend:Decrease 51.54% than previous quarter

Overall: increasing (53.18%). 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 32.21 (%).Trend:Decrease 30.72% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 89.14 (%).Trend:Increase 176.75% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 46.9 (%).Trend:Decrease 47.39% than previous quarter

Overall: increasing (45.61%). 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 13.17 (%).Trend:Increase 5.11% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 16.46 (%).Trend:Increase 24.98% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 11.81 (%).Trend:Decrease 28.25% than previous quarter

Overall: decreasing (-10.33%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.73 (USD).Trend:Increase 14.57% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.38 (USD).Trend:Decrease 20.23% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.97 (USD).Trend:Increase 42.75% than previous quarter

Overall: increasing (13.87%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q3 2021 through Q2 2022 illustrate significant fluctuations. Working capital efficiency, as reflected in liabilities on revenue and current assets on revenue, increased with high variability, indicating substantial changes in performance.  Cost efficiency, measured by the ratio of retained earnings to revenue, also showed an increasing trend with considerable volatility.  Investment efficiency experienced a declining trend in retained earnings on assets, while earnings per share demonstrated a moderate increase with relatively moderate fluctuations.