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 24.14 (%).Trend:Decrease 29.93% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 66.55 (%).Trend:Increase 175.68% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.81 (%).Trend:Decrease 50.7% than previous quarter

Overall: increasing (35.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 44.09 (%).Trend:Decrease 27.0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 109.6 (%).Trend:Increase 148.58% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 55.44 (%).Trend:Decrease 49.42% than previous quarter

Overall: increasing (25.74%). 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 46.32 (%).Trend:Decrease 28.86% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 112.53 (%).Trend:Increase 142.94% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 59.72 (%).Trend:Decrease 46.93% than previous quarter

Overall: increasing (28.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.75 (%).Trend:Increase 0.0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.31 (%).Trend:Increase 4.07% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.08 (%).Trend:Decrease 1.61% than previous quarter

Overall: increasing (2.4%). 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 35.96 (%).Trend:Increase 5.02% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 30.16 (%).Trend:Decrease 16.13% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 33.0 (%).Trend:Increase 9.42% than previous quarter

Overall: decreasing (-8.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 7.49 (USD).Trend:Increase 63.89% than previous quarter
Year 2022 Quarter 1: Earning Per Share 3.5 (USD).Trend:Decrease 53.27% than previous quarter
Year 2022 Quarter 2: Earning Per Share 7.93 (USD).Trend:Increase 126.57% than previous quarter

Overall: increasing (5.87%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2021 to Q2 2022 reveal significant fluctuations in key financial metrics. Liabilities-to-revenue ratios increased sharply in Q1 2022 before decreasing in Q2 2022.  Current assets-to-revenue ratios show a similar pattern, increasing in Q1 2022 and declining in subsequent periods.  The ratio of retained earnings to revenue demonstrates considerable variation, rising in Q1 2022 and decreasing thereafter. Selling, general, and administrative (SG&A) expenses show minimal variance. Retained earnings on assets display minor fluctuations. Earnings per share show considerable ups and downs, increasing in Q3 2021 and again in Q2 2022, but decreasing in Q1 2022.