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 48.9 (%).Trend:Decrease 33.95% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 149.46 (%).Trend:Increase 205.64% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 80.25 (%).Trend:Decrease 46.31% than previous quarter

Overall: increasing (64.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 65.4 (%).Trend:Decrease 34.01% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 202.96 (%).Trend:Increase 210.34% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 101.79 (%).Trend:Decrease 49.85% than previous quarter

Overall: increasing (55.64%). 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 67.62 (%).Trend:Decrease 31.27% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 216.71 (%).Trend:Increase 220.48% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 108.53 (%).Trend:Decrease 49.92% than previous quarter

Overall: increasing (60.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.33 (%).Trend:Increase 2.93% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.35 (%).Trend:Decrease 7.35% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 1.21% than previous quarter

Overall: decreasing (-6.23%). 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 21.18 (%).Trend:Increase 3.72% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 22.65 (%).Trend:Increase 6.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 23.53 (%).Trend:Increase 3.89% than previous quarter

Overall: increasing (11.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.95 (USD).Trend:Increase 56.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 58.97% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 113.75% than previous quarter

Overall: decreasing (-12.31%). Fluctuation: **Significant** (high variation).



Financial analysis covering Q3 2021 to Q2 2022 highlights significant fluctuations in several key areas.  Liabilities and current assets on revenue show substantial changes over the period, indicating significant working capital shifts.  Cost efficiency, as indicated by the ratio of retained earnings to revenue and SG&A expense ratios, shows significant volatility. Investment efficiency (retained earnings on assets) exhibits stability, while earnings per share (EPS) shows substantial changes, a concern needing further investigation.