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 26.39 (%).Trend:Decrease 28.13% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.52 (%).Trend:Increase 189.96% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.5 (%).Trend:Decrease 53.61% than previous quarter

Overall: increasing (34.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 157.21 (%).Trend:Decrease 29.75% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 427.7 (%).Trend:Increase 172.06% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 218.15 (%).Trend:Decrease 48.99% than previous quarter

Overall: increasing (38.76%). 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 21.62 (%).Trend:Decrease 8.12% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 91.92 (%).Trend:Increase 325.16% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 54.94 (%).Trend:Decrease 40.23% than previous quarter

Overall: increasing (154.12%). 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 7.6 (%).Trend:Increase 37.68% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 12.88 (%).Trend:Increase 69.47% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 15.52 (%).Trend:Increase 20.5% than previous quarter

Overall: increasing (104.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.94 (USD).Trend:Increase 61.67% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.08 (USD).Trend:Decrease 44.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.12 (USD).Trend:Increase 96.3% than previous quarter

Overall: increasing (9.28%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 reveals significant fluctuations in several key financial ratios.  Liabilities and current assets on revenue showed overall increases but with substantial quarterly variations.  The ratio of retained earnings to revenue also increased significantly, displaying high volatility. Retained earnings on assets showed consistent growth, while earnings per share fluctuated but ended higher.  SG&A data is missing.