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 31.0 (%).Trend:Decrease 33.93% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.51 (%).Trend:Increase 146.81% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 41.4 (%).Trend:Decrease 45.89% than previous quarter

Overall: increasing (33.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 16.04 (%).Trend:Decrease 38.14% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 50.46 (%).Trend:Increase 214.59% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 22.67 (%).Trend:Decrease 55.07% than previous quarter

Overall: increasing (41.33%). 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 -55.04 (%).Trend:Decrease 40.3% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -91.74 (%).Trend:Increase 66.68% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -32.82 (%).Trend:Decrease 64.22% than previous quarter

Overall: increasing (-40.37%). 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 -38.9 (%).Trend:Decrease 5.47% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -23.56 (%).Trend:Decrease 39.43% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -18.22 (%).Trend:Decrease 22.67% than previous quarter

Overall: increasing (-53.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 55.88% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.35 (USD).Trend:Decrease 33.96% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 102.86% than previous quarter

Overall: increasing (33.96%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2021 to Q2 2022 highlights significant fluctuations in working capital efficiency. Liabilities on revenue increased by 33.55%, and current assets on revenue showed a similar increase (41.33%). Cost efficiency shows a notable overall increase in the ratio of retained earnings to revenue (-40.37%). Investment efficiency exhibits an increase in retained earnings on assets (-53.16%). Earnings per share shows a modest overall increase (33.96%) with significant fluctuations.