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 31.96 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 105.73 (%).Trend:Increase 230.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.9 (%).Trend:Decrease 51.86% than previous quarter

Overall: increasing (59.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 51.54 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 154.11 (%).Trend:Increase 199.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 76.24 (%).Trend:Decrease 50.53% than previous quarter

Overall: increasing (47.92%). 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 38.59 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 111.58 (%).Trend:Increase 189.14% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 52.55 (%).Trend:Decrease 52.9% than previous quarter

Overall: increasing (36.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.17 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.39 (%).Trend:Increase 11.01% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.33 (%).Trend:Decrease 9.2% than previous quarter

Overall: increasing (0.79%). 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 39.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 31.99 (%).Trend:Decrease 17.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 32.96 (%).Trend:Increase 3.03% than previous quarter

Overall: decreasing (-15.49%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.25 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 79.69% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.91 (USD).Trend:Increase 189.39% than previous quarter

Overall: decreasing (-41.23%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2021 to Q2 2022 show significant fluctuations across various metrics. Liabilities and current assets on revenue, and the ratio of retained earnings to revenue demonstrate considerable increases and decreases over the three quarters, suggesting high variability.  SG&A expense ratios, however, display more stable growth. Retained earnings on assets show a slight overall decline, while earnings per share show a substantial decrease and subsequent significant recovery.  Further analysis is needed to understand these changes and their causes.