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 33.96 (%).Trend:Decrease 24.77% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 90.27 (%).Trend:Increase 165.81% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 45.18 (%).Trend:Decrease 49.95% than previous quarter

Overall: increasing (33.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 44.78 (%).Trend:Decrease 13.6% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 94.26 (%).Trend:Increase 110.5% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 47.74 (%).Trend:Decrease 49.35% than previous quarter

Overall: increasing (6.61%). 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 -5.34 (%).Trend:Decrease 44.03% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -25.8 (%).Trend:Increase 383.15% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -12.7 (%).Trend:Decrease 50.78% than previous quarter

Overall: decreasing (137.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.26 (%).Trend:Decrease 3.49% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.18 (%).Trend:Decrease 0.44% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.35 (%).Trend:Increase 0.94% than previous quarter

Overall: increasing (0.49%). 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 -6.41 (%).Trend:Decrease 22.4% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -12.41 (%).Trend:Increase 93.6% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -11.96 (%).Trend:Decrease 3.63% than previous quarter

Overall: decreasing (86.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.24 (USD).Trend:Decrease 290.77% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.14 (USD).Trend:Decrease 8.06% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.68 (USD).Trend:Increase 47.37% than previous quarter

Overall: increasing (35.48%). Fluctuation: **Neutral** (moderate variation).



The analysis covers Q3 2021-Q2 2022.  Liabilities on revenue and current assets on revenue show significant fluctuations and overall increases, while the ratio of retained earnings to revenue and retained earnings on assets show significant fluctuations and overall decreases. SG&A expenses show little variation. Earnings per share show moderate variation with overall increase.