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 25.81 (%).Trend:Decrease 50.88% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 103.34 (%).Trend:Increase 300.39% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 56.4 (%).Trend:Decrease 45.42% than previous quarter

Overall: increasing (118.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 32.45 (%).Trend:Decrease 46.35% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 117.45 (%).Trend:Increase 261.94% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.26 (%).Trend:Decrease 43.58% than previous quarter

Overall: increasing (104.19%). 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 6.22 (%).Trend:Decrease 24.79% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 28.11 (%).Trend:Increase 351.93% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 16.77 (%).Trend:Decrease 40.34% than previous quarter

Overall: increasing (169.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.16 (%).Trend:Decrease 0.92% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.57 (%).Trend:Increase 15.9% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.29 (%).Trend:Decrease 1.59% than previous quarter

Overall: increasing (14.05%). 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 9.53 (%).Trend:Increase 34.04% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.13 (%).Trend:Decrease 14.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 10.13 (%).Trend:Increase 24.6% than previous quarter

Overall: increasing (6.3%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial review from Q3 2021 to Q2 2022 reveals substantial volatility in key financial indicators.  Liabilities and current assets on revenue displayed sharp increases in Q1 2022, followed by decreases in Q2 2022, indicating significant fluctuations. The ratio of retained earnings to revenue experienced a large increase in Q1 2022, after consistent declines. The SG&A expense ratio displayed little fluctuation, with a gradual increase.  Investment efficiency (retained earnings on assets) shows a slight overall positive trend with quarter-to-quarter changes.