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 34.95 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 98.92 (%).Trend:Increase 183.03% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.97 (%).Trend:Decrease 49.48% than previous quarter

Overall: increasing (42.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 47.66 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 129.69 (%).Trend:Increase 172.11% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 63.21 (%).Trend:Decrease 51.26% than previous quarter

Overall: increasing (32.63%). 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 55.75 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 158.46 (%).Trend:Increase 184.23% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 79.44 (%).Trend:Decrease 49.87% than previous quarter

Overall: increasing (42.49%). 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 51.55 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 51.52 (%).Trend:Decrease 0.06% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 51.38 (%).Trend:Decrease 0.27% than previous quarter

Overall: decreasing (-0.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.77 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.27 (USD).Trend:Decrease 54.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.25 (USD).Trend:Increase 77.17% than previous quarter

Overall: decreasing (-18.77%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation in liabilities and current assets as a percentage of revenue.  Liabilities increased dramatically in Q1 2022, then decreased substantially in Q2 2022, before increasing again in Q1 2023.  Current assets followed a similar pattern, exhibiting significant volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, also shows high variability, with a substantial rise in Q1 2022 followed by decreases in Q2 and Q3 2022.  Investment efficiency, measured by retained earnings on assets, shows a slight overall decrease.  Earnings per share are also highly variable, showing a large drop in Q1 2022, a sharp increase in Q2 2022, and then a further rise and drop in Q3 2022.