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 25.56 (%).Trend:Decrease 30.83% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 88.08 (%).Trend:Increase 244.6% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.86 (%).Trend:Decrease 49.07% than previous quarter

Overall: increasing (75.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 77.74 (%).Trend:Decrease 31.09% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 232.04 (%).Trend:Increase 198.48% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 108.55 (%).Trend:Decrease 53.22% than previous quarter

Overall: increasing (39.63%). 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 68.09 (%).Trend:Decrease 31.36% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 189.08 (%).Trend:Increase 177.69% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 89.27 (%).Trend:Decrease 52.79% than previous quarter

Overall: increasing (31.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.88 (%).Trend:Increase 0.85% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.1 (%).Trend:Increase 1.23% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.46 (%).Trend:Decrease 3.54% than previous quarter

Overall: decreasing (-2.35%). 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 62.01 (%).Trend:Increase 0.29% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 58.36 (%).Trend:Decrease 5.89% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 57.27 (%).Trend:Decrease 1.87% than previous quarter

Overall: decreasing (-7.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.19 (USD).Trend:Increase 52.56% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 84.87% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.01 (USD).Trend:Decrease 94.44% than previous quarter

Overall: decreasing (-99.16%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 reveals substantial fluctuations.  Liabilities and current assets on revenue experienced significant increases and decreases. The ratio of retained earnings to revenue shows large quarter-to-quarter changes. SG&A expense ratio decreased slightly, with low fluctuation. Investment efficiency shows a small decrease in retained earnings on assets, with limited variation.  Earnings per share saw a substantial decrease.