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 20.61 (%).Trend:Decrease 29.03% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 59.27 (%).Trend:Increase 187.58% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.02 (%).Trend:Decrease 52.72% than previous quarter

Overall: increasing (35.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 59.04 (%).Trend:Decrease 28.6% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 171.51 (%).Trend:Increase 190.5% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 71.72 (%).Trend:Decrease 58.18% than previous quarter

Overall: increasing (21.48%). 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 9.43 (%).Trend:Increase 14.44% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 34.19 (%).Trend:Increase 262.57% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 18.77 (%).Trend:Decrease 45.1% than previous quarter

Overall: increasing (99.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.61 (%).Trend:Decrease 3.12% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.07 (%).Trend:Decrease 1.3% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.99 (%).Trend:Decrease 0.19% than previous quarter

Overall: decreasing (-1.49%). 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 3.63 (%).Trend:Increase 72.86% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 4.67 (%).Trend:Increase 28.65% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 5.42 (%).Trend:Increase 16.06% than previous quarter

Overall: increasing (49.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.02 (USD).Trend:Decrease 98.53% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.04 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.38 (USD).Trend:Decrease 1050.0% than previous quarter

Overall: increasing (-2000.0%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 shows significant volatility in working capital efficiency.  Liabilities on revenue increased and decreased substantially across the period.  Current assets on revenue also exhibited large fluctuations.  Cost efficiency indicates a sharp increase in the ratio of retained earnings to revenue in Q1 2022, followed by a decrease in the following quarters. SG&A expenses showed a relatively stable decrease. Investment efficiency demonstrates a generally positive trend of increased retained earnings on assets, though with variations.  Earnings per share show extreme fluctuations, with a notably large negative value in Q2 2022.