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 31.29 (%).Trend:Decrease 30.4% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 87.39 (%).Trend:Increase 179.29% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 42.54 (%).Trend:Decrease 51.32% than previous quarter

Overall: increasing (35.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 64.63 (%).Trend:Decrease 32.59% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 198.6 (%).Trend:Increase 207.29% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 97.77 (%).Trend:Decrease 50.77% than previous quarter

Overall: increasing (51.28%). 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 47.84 (%).Trend:Decrease 30.46% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 141.6 (%).Trend:Increase 195.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 70.4 (%).Trend:Decrease 50.28% than previous quarter

Overall: increasing (47.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.9 (%).Trend:Increase 0.58% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.22 (%).Trend:Decrease 2.44% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.05 (%).Trend:Decrease 0.62% than previous quarter

Overall: decreasing (-3.05%). 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 34.29 (%).Trend:Increase 5.06% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 34.46 (%).Trend:Increase 0.5% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.02 (%).Trend:Increase 4.53% than previous quarter

Overall: increasing (5.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.72 (USD).Trend:Increase 58.97% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.62 (USD).Trend:Decrease 56.45% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.7 (USD).Trend:Increase 128.4% than previous quarter

Overall: decreasing (-0.54%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 demonstrates high volatility in several key areas.  Liabilities and current assets on revenue, and the ratio of retained earnings to revenue exhibit significant fluctuations.  Cost efficiency is more stable, with little variation.  Retained earnings on assets are trending upward with minimal variation. Earnings per share demonstrates considerable quarter-to-quarter swings.