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 25.69 (%).Trend:Decrease 55.02% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 73.56 (%).Trend:Increase 186.34% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 38.55 (%).Trend:Decrease 47.59% than previous quarter

Overall: increasing (50.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 148.05 (%).Trend:Decrease 39.67% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 450.55 (%).Trend:Increase 204.32% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 219.85 (%).Trend:Decrease 51.2% than previous quarter

Overall: increasing (48.5%). 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 206.63 (%).Trend:Decrease 35.15% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 606.78 (%).Trend:Increase 193.66% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 287.89 (%).Trend:Decrease 52.55% than previous quarter

Overall: increasing (39.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.93 (%).Trend:Decrease 3.99% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.33 (%).Trend:Increase 9.18% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.0 (%).Trend:Increase 1.28% than previous quarter

Overall: increasing (10.58%). 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 65.56 (%).Trend:Increase 3.15% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 65.06 (%).Trend:Decrease 0.76% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 62.07 (%).Trend:Decrease 4.6% than previous quarter

Overall: decreasing (-5.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.69 (USD).Trend:Increase 6.15% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 128.99% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.4 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-157.97%). Fluctuation: **Significant** (high variation).



The analysis (Q3 2021-Q2 2022) shows significant fluctuations and overall increases in liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue, despite quarter-to-quarter volatility.  SG&A expense ratio increased slightly, while retained earnings on assets decreased slightly. Earnings per share showed a significant overall decrease.