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 28.33 (%).Trend:Decrease 31.0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 78.44 (%).Trend:Increase 176.88% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 39.79 (%).Trend:Decrease 49.27% than previous quarter

Overall: increasing (40.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 89.7 (%).Trend:Decrease 32.44% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 282.06 (%).Trend:Increase 214.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.9 (%).Trend:Decrease 52.53% than previous quarter

Overall: increasing (49.28%). 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 -19.07 (%).Trend:Decrease 44.26% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -26.33 (%).Trend:Increase 38.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -5.41 (%).Trend:Decrease 79.45% than previous quarter

Overall: increasing (-71.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.19 (%).Trend:Increase 0.31% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.69 (%).Trend:Increase 3.09% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.53 (%).Trend:Decrease 0.96% than previous quarter

Overall: increasing (2.1%). 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 -10.7 (%).Trend:Decrease 17.5% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -4.91 (%).Trend:Decrease 54.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -2.08 (%).Trend:Decrease 57.64% than previous quarter

Overall: increasing (-80.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.75 (USD).Trend:Increase 56.25% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 49.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.77 (USD).Trend:Increase 102.63% than previous quarter

Overall: increasing (2.67%). Fluctuation: **Significant** (high variation).



Key findings from Q3 2021 to Q2 2022 reveal significant volatility.  Both liabilities on revenue and current assets on revenue increased (40.45% and 49.28% respectively).  The ratio of retained earnings to revenue showed substantial improvement (-71.63%),  and retained earnings on assets also improved (-80.56%). SG&A expense increased slightly (2.1%). Earnings per share increased modestly (2.67%).