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 15.84 (%).Trend:Decrease 41.4% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 56.14 (%).Trend:Increase 254.42% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.21 (%).Trend:Decrease 44.41% than previous quarter

Overall: increasing (97.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 130.07 (%).Trend:Decrease 31.37% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 390.33 (%).Trend:Increase 200.09% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 184.98 (%).Trend:Decrease 52.61% than previous quarter

Overall: increasing (42.22%). 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 77.58 (%).Trend:Decrease 26.91% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 252.18 (%).Trend:Increase 225.06% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 122.45 (%).Trend:Decrease 51.44% than previous quarter

Overall: increasing (57.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.9 (%).Trend:Increase 3.79% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.03 (%).Trend:Increase 11.27% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.27 (%).Trend:Decrease 3.61% than previous quarter

Overall: increasing (7.25%). 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 45.5 (%).Trend:Increase 3.88% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 45.5 (%).Trend:Increase 0.0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 45.43 (%).Trend:Decrease 0.15% than previous quarter

Overall: decreasing (-0.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.1 (USD).Trend:Increase 39.24% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 90.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.35 (USD).Trend:Increase 218.18% than previous quarter

Overall: decreasing (-68.18%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 reveals significant volatility across several financial ratios. Liabilities and current assets on revenue increased overall but fluctuated considerably. The ratio of retained earnings to revenue exhibited similar behavior.  In contrast, retained earnings on assets showed a small decrease with minor fluctuation. The SG&A expense ratio displayed a small increase with low variation.  Earnings per share decreased significantly, despite substantial quarter-to-quarter changes.