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 28.96 (%).Trend:Decrease 28.37% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 81.05 (%).Trend:Increase 179.87% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.35 (%).Trend:Decrease 45.28% than previous quarter

Overall: increasing (53.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 39.82 (%).Trend:Decrease 28.15% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 101.53 (%).Trend:Increase 154.97% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 51.65 (%).Trend:Decrease 49.13% than previous quarter

Overall: increasing (29.71%). 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 69.04 (%).Trend:Decrease 37.57% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 215.99 (%).Trend:Increase 212.85% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 103.94 (%).Trend:Decrease 51.88% than previous quarter

Overall: increasing (50.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.75 (%).Trend:Decrease 4.72% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.71 (%).Trend:Decrease 0.27% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.81 (%).Trend:Increase 7.48% than previous quarter

Overall: increasing (7.19%). 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 46.08 (%).Trend:Decrease 2.31% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 32.09 (%).Trend:Decrease 30.36% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 31.41 (%).Trend:Decrease 2.12% than previous quarter

Overall: decreasing (-31.84%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.48 (USD).Trend:Increase 133.96% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 76.61% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.98 (USD).Trend:Increase 68.97% than previous quarter

Overall: decreasing (-60.48%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2021 to Q2 2022 shows a mixed picture. Liabilities and current assets on revenue increased overall, yet fluctuate significantly.  The ratio of retained earnings to revenue also increased, despite considerable fluctuation. SG&A expense ratio increased slightly (7.19%) with little fluctuation.  Investment efficiency, measured by retained earnings on assets, decreased.  Earnings per share also decreased considerably, exhibiting significant variation.