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 25.21 (%).Trend:Decrease 23.12% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.31 (%).Trend:Increase 139.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.43 (%).Trend:Decrease 47.89% than previous quarter

Overall: increasing (24.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 100.74 (%).Trend:Decrease 34.11% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 304.0 (%).Trend:Increase 201.77% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 163.07 (%).Trend:Decrease 46.36% than previous quarter

Overall: increasing (61.87%). 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 42.67 (%).Trend:Decrease 23.27% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 155.25 (%).Trend:Increase 263.84% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 88.36 (%).Trend:Decrease 43.09% than previous quarter

Overall: increasing (107.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 27.2 (%).Trend:Increase 7.09% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 33.66 (%).Trend:Increase 23.75% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.19 (%).Trend:Increase 7.52% than previous quarter

Overall: increasing (33.05%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.21 (USD).Trend:Increase 47.56% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.47 (USD).Trend:Decrease 61.16% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.84 (USD).Trend:Increase 78.72% than previous quarter

Overall: decreasing (-30.58%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2021 to Q2 2022 shows significant fluctuation across key metrics. Liabilities on revenue decreased, then increased significantly in Q1 2022, before decreasing in Q2 2022.  Current assets on revenue followed a similar pattern of fluctuations. Cost efficiency, measured by the retained earnings-to-revenue ratio, demonstrated a substantial increase in Q1 2022, followed by a decrease in Q2 2022. Investment efficiency exhibited steady growth in retained earnings on assets. Earnings per share fluctuated substantially, with increases and decreases across the quarters. The overall financial performance is volatile.