Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 3: Liabilities on Revenue 119.99 (%).Trend:Increase 225.44% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.21 (%).Trend:Decrease 59.82% than previous quarter

Overall: increasing (30.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 183.19 (%).Trend:Increase 192.17% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 104.07 (%).Trend:Decrease 43.19% than previous quarter

Overall: increasing (65.98%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 3.65 (%).Trend:Decrease 228.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 1.82 (%).Trend:Decrease 50.14% than previous quarter

Overall: increasing (-163.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.43 (%).Trend:Decrease 10.93% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.03 (%).Trend:Increase 11.09% than previous quarter

Overall: decreasing (-1.05%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 3: Retained Earning on Assets 0.6 (%).Trend:Decrease 146.51% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 0.54 (%).Trend:Decrease 10.0% than previous quarter

Overall: increasing (-141.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.84 (USD).Trend:Decrease 12.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.09 (USD).Trend:Increase 29.76% than previous quarter

Overall: increasing (13.54%). Fluctuation: **Neutral** (moderate variation).



Financial data from Q3 2020 to Q2 2022 reveals a mixed financial picture.  Liabilities on revenue and current assets on revenue show a significant upward trend initially then a decrease, suggesting instability in the company's balance sheet. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a substantial decline overall.  Selling, General, and Administrative (SG&A) expense ratios exhibit only minor fluctuations. Investment efficiency, as seen by retained earnings on assets, is notably unstable. Earnings per share have an overall positive upward trend, indicating potential growth.