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 32.21 (%).Trend:Decrease 30.76% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 86.68 (%).Trend:Increase 169.11% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.88 (%).Trend:Decrease 52.84% than previous quarter

Overall: increasing (26.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 56.46 (%).Trend:Decrease 31.41% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 162.65 (%).Trend:Increase 188.08% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 78.34 (%).Trend:Decrease 51.84% than previous quarter

Overall: increasing (38.75%). 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 20.39 (%).Trend:Decrease 31.71% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 66.35 (%).Trend:Increase 225.4% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.85 (%).Trend:Decrease 50.49% than previous quarter

Overall: increasing (61.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.25 (%).Trend:Increase 2.07% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.45 (%).Trend:Increase 1.31% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.99 (%).Trend:Decrease 2.98% than previous quarter

Overall: decreasing (-1.7%). Fluctuation: **Little** (low 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 20.36 (%).Trend:Decrease 0.2% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 21.73 (%).Trend:Increase 6.73% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.22 (%).Trend:Increase 2.25% than previous quarter

Overall: increasing (9.14%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.85 (USD).Trend:Increase 40.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.98 (USD).Trend:Decrease 74.55% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 113.27% than previous quarter

Overall: decreasing (-45.71%). Fluctuation: **Significant** (high variation).



The analysis spans Q3 2021-Q2 2022 and includes significant fluctuations in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue (all showing significant increases, then decreases).  The SG&A expense ratio and retained earnings on assets show little fluctuation. Earning per share shows significant fluctuation and overall decrease.