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 23.87 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 70.5 (%).Trend:Increase 195.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 58.05 (%).Trend:Decrease 17.66% than previous quarter

Overall: increasing (143.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 59.32 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 173.06 (%).Trend:Increase 191.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 85.16 (%).Trend:Decrease 50.79% than previous quarter

Overall: increasing (43.56%). 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 180.62 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 550.87 (%).Trend:Increase 204.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 276.06 (%).Trend:Decrease 49.89% than previous quarter

Overall: increasing (52.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.02 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Increase 0.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.76 (%).Trend:Decrease 4.93% than previous quarter

Overall: decreasing (-4.2%). 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 86.76 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 87.5 (%).Trend:Increase 0.85% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 90.5 (%).Trend:Increase 3.43% than previous quarter

Overall: increasing (4.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 5.92 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.07 (USD).Trend:Decrease 65.03% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.97 (USD).Trend:Increase 91.79% than previous quarter

Overall: decreasing (-32.94%). Fluctuation: **Significant** (high variation).



The financial statements from Q3 2021 to Q2 2022 show significant fluctuations in working capital efficiency. Liabilities and current assets on revenue both increased substantially in Q1 2022, then decreased in the subsequent quarters. Cost efficiency displays a slight decrease in SG&A expense ratio, which is relatively stable. Invest efficiency shows a relatively stable increase in retained earnings on assets. Earnings per share decreased in Q1 2022 and then recovered but dropped again in Q1 2023. The data highlights substantial variability in most key financial metrics.