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 51.25 (%).Trend:Decrease 29.93% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 117.02 (%).Trend:Increase 128.33% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 70.5 (%).Trend:Decrease 39.75% than previous quarter

Overall: increasing (37.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 62.07 (%).Trend:Decrease 29.37% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 156.12 (%).Trend:Increase 151.52% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 86.78 (%).Trend:Decrease 44.41% than previous quarter

Overall: increasing (39.81%). 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 74.05 (%).Trend:Decrease 30.43% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 175.35 (%).Trend:Increase 136.8% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 95.29 (%).Trend:Decrease 45.66% than previous quarter

Overall: increasing (28.68%). 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 37.27 (%).Trend:Increase 0.11% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 35.36 (%).Trend:Decrease 5.12% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.41 (%).Trend:Increase 2.97% than previous quarter

Overall: decreasing (-2.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.52 (USD).Trend:Increase 36.94% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 26.32% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.72 (USD).Trend:Increase 53.57% than previous quarter

Overall: increasing (13.16%). Fluctuation: **Neutral** (moderate variation).



Financial data for Q3 2021 to Q2 2022 indicates significant volatility in key financial ratios.  Working capital efficiency, reflected in liabilities and current assets on revenue, shows substantial increases, but with large quarter-to-quarter fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, also displays substantial overall growth but with similar high volatility.  In contrast, investment efficiency, based on retained earnings on assets, experienced a slight decrease with minimal fluctuation. Earnings per share showed a moderate overall increase but with considerable quarter-to-quarter variation.