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 26.19 (%).Trend:Decrease 31.17% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 72.38 (%).Trend:Increase 176.37% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.4 (%).Trend:Decrease 51.09% than previous quarter

Overall: increasing (35.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 65.45 (%).Trend:Decrease 27.65% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 132.08 (%).Trend:Increase 101.8% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 71.2 (%).Trend:Decrease 46.09% than previous quarter

Overall: increasing (8.79%). 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 39.37 (%).Trend:Decrease 25.46% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 59.15 (%).Trend:Increase 50.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 35.26 (%).Trend:Decrease 40.39% than previous quarter

Overall: decreasing (-10.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.6 (%).Trend:Increase 0.2% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.59 (%).Trend:Increase 4.02% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.98 (%).Trend:Increase 1.52% than previous quarter

Overall: increasing (5.61%). 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 36.19 (%).Trend:Increase 7.52% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 23.17 (%).Trend:Decrease 35.98% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 26.63 (%).Trend:Increase 14.93% than previous quarter

Overall: decreasing (-26.42%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.49 (USD).Trend:Increase 57.21% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 67.91% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.14 (USD).Trend:Increase 91.07% than previous quarter

Overall: decreasing (-38.68%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021-Q2 2022 data reveals significant fluctuations in liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue.  SG&A expense ratio shows a small increase. Retained earnings on assets and earnings per share decreased overall.  Significant fluctuations warrant further investigation.