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 59.21 (%).Trend:Decrease 29.61% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 177.7 (%).Trend:Increase 200.12% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 79.87 (%).Trend:Decrease 55.05% than previous quarter

Overall: increasing (34.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 135.82 (%).Trend:Decrease 37.36% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 384.68 (%).Trend:Increase 183.23% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 179.49 (%).Trend:Decrease 53.34% than previous quarter

Overall: increasing (32.15%). 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 41.61 (%).Trend:Decrease 25.78% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 147.72 (%).Trend:Increase 255.01% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 77.33 (%).Trend:Decrease 47.65% than previous quarter

Overall: increasing (85.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 16.43 (%).Trend:Increase 11.09% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 19.96 (%).Trend:Increase 21.49% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.05 (%).Trend:Increase 10.47% than previous quarter

Overall: increasing (34.21%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 5.93 (USD).Trend:Increase 52.84% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.73 (USD).Trend:Decrease 53.96% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.23 (USD).Trend:Increase 91.58% than previous quarter

Overall: decreasing (-11.8%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show substantial volatility across key metrics. Working capital efficiency, evidenced by liabilities and current assets on revenue, fluctuates considerably. Cost efficiency, measured by the ratio of retained earnings to revenue, also demonstrates significant fluctuations.  Investment efficiency, however, exhibits a more stable trend of increasing retained earnings on assets. Earnings per share shows considerable variation, with both increases and decreases.