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 22.96 (%).Trend:Decrease 61.38% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 57.73 (%).Trend:Increase 151.44% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.63 (%).Trend:Decrease 46.94% than previous quarter

Overall: increasing (33.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 37.48 (%).Trend:Decrease 26.83% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 101.88 (%).Trend:Increase 171.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 52.76 (%).Trend:Decrease 48.21% than previous quarter

Overall: increasing (40.77%). 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 44.98 (%).Trend:Decrease 30.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 108.01 (%).Trend:Increase 140.13% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 51.61 (%).Trend:Decrease 52.22% than previous quarter

Overall: increasing (14.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.73 (%).Trend:Decrease 21.72% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.85 (%).Trend:Increase 15.44% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.76 (%).Trend:Decrease 0.57% than previous quarter

Overall: increasing (14.79%). 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 38.19 (%).Trend:Increase 2.06% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 35.54 (%).Trend:Decrease 6.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 34.45 (%).Trend:Decrease 3.07% than previous quarter

Overall: decreasing (-9.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.22 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 80.63% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.34 (USD).Trend:Decrease 20.93% than previous quarter

Overall: decreasing (-84.68%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 demonstrate significant fluctuations. Liabilities on revenue saw a substantial decrease followed by an increase and another decrease. Current assets on revenue also displayed volatility, increasing substantially in Q1 2022. Cost efficiency, measured by retained earnings to revenue, increased sharply in Q1 before decreasing again. SG&A expense ratios saw a consistent decline. Investment efficiency showed a slight decrease in retained earnings on assets, while earning per share showed a major decline in Q1 2022 and subsequent drops.