Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 238120000000.0 (%).Trend:Decrease 1.75% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 316130000000.0 (%).Trend:Increase 32.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 313300000000.0 (%).Trend:Decrease 0.9% than previous quarter

Overall: increasing (31.57%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 205260000000.0 (%).Trend:Increase 5.01% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 216090000000.0 (%).Trend:Increase 5.28% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 232470000000.0 (%).Trend:Increase 7.58% than previous quarter

Overall: increasing (13.26%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 2 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 266050000000.0 (%).Trend:Increase 3.38% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 278000000000.0 (%).Trend:Increase 4.49% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 293360000000.0 (%).Trend:Increase 5.53% than previous quarter

Overall: increasing (10.26%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 67790000000.0 (%).Trend:Increase 110.99% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 100520000000.0 (%).Trend:Increase 48.28% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 68250000000.0 (%).Trend:Decrease 32.1% than previous quarter

Overall: increasing (0.68%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 2 in 2021 to Quater 2 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets 20.77 (%).Trend:Increase 2.37% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.58 (%).Trend:Increase 3.9% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.64 (%).Trend:Increase 4.91% than previous quarter

Overall: increasing (9.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.29 (USD).Trend:Increase 111.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.09 (USD).Trend:Increase 62.02% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Decrease 51.2% than previous quarter

Overall: decreasing (-20.93%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2021 to Q2 2022 reveals a mixed outlook. Liabilities on revenue exhibit a trend of increase with fluctuations. Current assets are steadily increasing. Cost efficiency (ratio of retained earnings to revenue) shows steady improvement. The SG&A expense ratio is somewhat stable with slight fluctuations. Investment efficiency and retained earnings on assets are improving, but earnings per share show a significant decrease in Q2 2022.