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 51.01 (%).Trend:Decrease 36.5% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 453.39 (%).Trend:Increase 788.83% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 87.31 (%).Trend:Decrease 80.74% than previous quarter

Overall: increasing (71.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 72.43 (%).Trend:Decrease 36.09% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 1079.88 (%).Trend:Increase 1390.93% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 282.31 (%).Trend:Decrease 73.86% than previous quarter

Overall: increasing (289.77%). 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 61.21 (%).Trend:Decrease 31.6% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 562.75 (%).Trend:Increase 819.38% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 251.68 (%).Trend:Decrease 55.28% than previous quarter

Overall: increasing (311.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.56 (%).Trend:Decrease 0.51% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.96 (%).Trend:Increase 34.32% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.46 (%).Trend:Increase 18.99% than previous quarter

Overall: increasing (59.83%). Fluctuation: **Neutral** (moderate 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 27.38 (%).Trend:Increase 4.74% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 33.04 (%).Trend:Increase 20.67% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 43.1 (%).Trend:Increase 30.45% than previous quarter

Overall: increasing (57.41%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 59.09% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 42.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.36 (USD).Trend:Decrease 280.0% than previous quarter

Overall: decreasing (-202.86%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant fluctuations in key financial metrics. Working capital efficiency, as reflected in liabilities and current assets on revenue, increased substantially in Q1 2022 before decreasing in Q2 2022. Cost efficiency, as measured by the ratio of retained earnings to revenue, increased dramatically in Q1 2022, followed by a decrease in Q2 2022. The SG&A expense ratio consistently increased. Investment efficiency showed steady improvement, while earnings per share experienced significant fluctuations.