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 21.61 (%).Trend:Decrease 28.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 66.85 (%).Trend:Increase 209.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 36.02 (%).Trend:Decrease 46.12% than previous quarter

Overall: increasing (66.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 66.5 (%).Trend:Decrease 27.01% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 212.44 (%).Trend:Increase 219.46% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 112.47 (%).Trend:Decrease 47.06% than previous quarter

Overall: increasing (69.13%). 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 92.58 (%).Trend:Decrease 32.9% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 273.44 (%).Trend:Increase 195.36% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 137.97 (%).Trend:Decrease 49.54% than previous quarter

Overall: increasing (49.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.66 (%).Trend:Decrease 2.02% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.06 (%).Trend:Decrease 6.24% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.88 (%).Trend:Decrease 0.75% than previous quarter

Overall: decreasing (-6.94%). 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 65.9 (%).Trend:Decrease 0.98% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 66.32 (%).Trend:Increase 0.64% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 66.58 (%).Trend:Increase 0.39% than previous quarter

Overall: increasing (1.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.5 (USD).Trend:Increase 57.89% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 67.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.06 (USD).Trend:Increase 116.33% than previous quarter

Overall: decreasing (-29.33%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2021 to Q2 2022 shows substantial variations in financial metrics. Liabilities and current assets on revenue fluctuate significantly, as does the ratio of retained earnings to revenue.  The selling, general, and administrative (SG&A) expense ratio shows little fluctuation. Investment efficiency and earnings per share display significant volatility.  Further analysis is required for a comprehensive understanding.