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 22.98 (%).Trend:Decrease 34.86% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 55.72 (%).Trend:Increase 142.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.59 (%).Trend:Decrease 37.92% than previous quarter

Overall: increasing (50.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 50.0 (%).Trend:Decrease 34.19% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 129.16 (%).Trend:Increase 158.32% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 65.96 (%).Trend:Decrease 48.93% than previous quarter

Overall: increasing (31.92%). 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 24.57 (%).Trend:Decrease 32.89% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 67.34 (%).Trend:Increase 174.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 33.4 (%).Trend:Decrease 50.4% than previous quarter

Overall: increasing (35.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.78 (%).Trend:Increase 0.82% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.96 (%).Trend:Decrease 10.94% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.07 (%).Trend:Decrease 3.88% than previous quarter

Overall: decreasing (-14.39%). 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 22.08 (%).Trend:Increase 2.32% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 23.84 (%).Trend:Increase 7.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 23.32 (%).Trend:Decrease 2.18% than previous quarter

Overall: increasing (5.62%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.82 (USD).Trend:Increase 86.36% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 17.07% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.45 (USD).Trend:Increase 113.24% than previous quarter

Overall: increasing (76.83%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant fluctuation in working capital efficiency metrics. Liabilities on revenue increased dramatically in Q1 2022, followed by a decrease in Q2 and Q3 2022. Current assets on revenue also exhibit considerable volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a significant increase overall, but substantial quarter-to-quarter variation.  The SG&A expense ratio displays a steady decrease. Investment efficiency, measured by retained earnings on assets, is increasing but with little fluctuation. Earnings per share demonstrate substantial fluctuation, with large increases and decreases over the period.