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 35.16 (%).Trend:Decrease 23.3% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 77.36 (%).Trend:Increase 120.02% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 61.43 (%).Trend:Decrease 20.59% than previous quarter

Overall: increasing (74.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 59.38 (%).Trend:Decrease 25.55% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 130.71 (%).Trend:Increase 120.12% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 83.92 (%).Trend:Decrease 35.8% than previous quarter

Overall: increasing (41.33%). 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 8.17 (%).Trend:Decrease 22.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 25.27 (%).Trend:Increase 209.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 14.84 (%).Trend:Decrease 41.27% than previous quarter

Overall: increasing (81.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.96 (%).Trend:Decrease 4.01% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.43 (%).Trend:Increase 6.14% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.82 (%).Trend:Increase 1.53% than previous quarter

Overall: increasing (7.76%). 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 6.19 (%).Trend:Increase 17.23% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.07 (%).Trend:Increase 30.37% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.13 (%).Trend:Increase 0.74% than previous quarter

Overall: increasing (31.34%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.85 (USD).Trend:Increase 54.55% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.25 (USD).Trend:Decrease 70.59% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.58 (USD).Trend:Increase 132.0% than previous quarter

Overall: decreasing (-31.76%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show considerable variation. Liabilities on revenue and current assets on revenue exhibit significant fluctuations, increasing in Q1 2022, and then decreasing in Q2 2022. The ratio of retained earnings to revenue increases substantially in Q1 2022, before declining in Q2. SG&A expense ratio shows a slight overall increase.  Investment efficiency saw a steady increase in retained earnings on assets with moderate variation.  Earnings per share also fluctuated widely, decreasing in Q1 2022, then increasing in Q2.