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 23.92 (%).Trend:Decrease 19.33% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 49.38 (%).Trend:Increase 106.44% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.28 (%).Trend:Decrease 48.81% than previous quarter

Overall: increasing (5.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 113.17 (%).Trend:Decrease 29.93% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 149.11 (%).Trend:Increase 31.76% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 74.89 (%).Trend:Decrease 49.78% than previous quarter

Overall: decreasing (-33.83%). 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 71.08 (%).Trend:Decrease 31.66% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 181.74 (%).Trend:Increase 155.68% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 88.7 (%).Trend:Decrease 51.19% than previous quarter

Overall: increasing (24.79%). 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 42.55 (%).Trend:Decrease 0.51% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 63.17 (%).Trend:Increase 48.46% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 63.64 (%).Trend:Increase 0.74% than previous quarter

Overall: increasing (49.57%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.35 (USD).Trend:Increase 60.71% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 63.7% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.88 (USD).Trend:Increase 79.59% than previous quarter

Overall: decreasing (-34.81%). Fluctuation: **Significant** (high variation).



Analysis of the financial statements reveals a pattern of high volatility in key financial indicators from Q3 2021 to Q2 2022.  Working capital efficiency, particularly liabilities and current assets, fluctuates significantly.  Cost efficiency, reflected in the retained earnings-to-revenue ratio, exhibits drastic swings.  Investment efficiency, measured by retained earnings on assets, displays a more steady but still significant upward trend. Earnings per share declined overall, demonstrating considerable inconsistency.  The findings underscore a dynamic and potentially risky financial environment.