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 18.37 (%).Trend:Decrease 36.24% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 52.31 (%).Trend:Increase 184.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.8 (%).Trend:Decrease 35.39% than previous quarter

Overall: increasing (84.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 157.27 (%).Trend:Decrease 32.17% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 432.53 (%).Trend:Increase 175.02% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 211.82 (%).Trend:Decrease 51.03% than previous quarter

Overall: increasing (34.69%). 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 19.81 (%).Trend:Decrease 25.55% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 67.12 (%).Trend:Increase 238.82% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 35.56 (%).Trend:Decrease 47.02% than previous quarter

Overall: increasing (79.51%). 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 9.28 (%).Trend:Increase 11.67% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 11.26 (%).Trend:Increase 21.34% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 11.85 (%).Trend:Increase 5.24% than previous quarter

Overall: increasing (27.69%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 45.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 79.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.4 (USD).Trend:Increase 122.22% than previous quarter

Overall: decreasing (-54.02%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased substantially in Q1 2022, then decreased in Q2 2022, exhibiting high volatility. Current assets on revenue also saw substantial increases and decreases, indicating instability.  Cost efficiency, measured by the ratio of retained earnings to revenue, displayed similar significant fluctuation patterns. Investment efficiency, however, shows a neutral pattern with moderate variation. Earning per share decreased drastically in Q1 2022 and then recovered in Q2 2022, highlighting high volatility. Overall, the financial performance appears erratic, with large swings in various key metrics.