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 20.82 (%).Trend:Decrease 48.38% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 69.09 (%).Trend:Increase 231.84% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.51 (%).Trend:Decrease 50.05% than previous quarter

Overall: increasing (65.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 84.75 (%).Trend:Decrease 37.84% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 238.27 (%).Trend:Increase 181.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 131.91 (%).Trend:Decrease 44.64% than previous quarter

Overall: increasing (55.65%). 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 79.97 (%).Trend:Decrease 31.5% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 172.98 (%).Trend:Increase 116.31% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 91.96 (%).Trend:Decrease 46.84% than previous quarter

Overall: increasing (14.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.55 (%).Trend:Decrease 2.79% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.62 (%).Trend:Increase 0.25% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.86 (%).Trend:Increase 0.84% than previous quarter

Overall: increasing (1.09%). 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 30.95 (%).Trend:Increase 5.63% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 25.26 (%).Trend:Decrease 18.38% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 26.36 (%).Trend:Increase 4.35% than previous quarter

Overall: decreasing (-14.83%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data from Q3 2021 to Q2 2022 indicate considerable fluctuations in working capital efficiency. Liabilities on revenue increased noticeably, while current assets on revenue showed a similar trend, also increasing. Cost efficiency, measured by the ratio of retained earnings to revenue, displayed significant variation.  SG&A expense ratio increased slightly with minimal variation.  Investment efficiency exhibits a moderate decrease in retained earnings on assets, with moderate variability.