Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 74.77 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 161.38 (%).Trend:Increase 115.84% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 72.36 (%).Trend:Decrease 55.16% than previous quarter

Overall: decreasing (-3.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.87 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.04 (%).Trend:Decrease 32.27% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.03 (%).Trend:Decrease 0.12% than previous quarter

Overall: decreasing (-32.35%). Fluctuation: **Neutral** (moderate 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 26.76 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 25.61 (%).Trend:Decrease 4.3% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 24.7 (%).Trend:Decrease 3.55% than previous quarter

Overall: decreasing (-7.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.02 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.33 (USD).Trend:Increase 1550.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 118.18% than previous quarter

Overall: increasing (3500.0%). Fluctuation: **Significant** (high variation).



Financial analysis of three quarters (Q3 2021 to Q2 2022) shows mixed results.  The ratio of retained earnings to revenue demonstrates significant fluctuations, decreasing from Q1 2022 to Q2 2022.  SG&A expense ratio also shows a consistent decrease. Investment efficiency shows a slight decrease in retained earnings on assets. However, earning per share shows a substantial increase from Q3 2021 to Q2 2022. The analysis will focus on important segments.