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 28.27 (%).Trend:Decrease 26.17% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 70.99 (%).Trend:Increase 151.11% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.48 (%).Trend:Decrease 50.02% than previous quarter

Overall: increasing (25.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 67.36 (%).Trend:Decrease 31.98% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 163.11 (%).Trend:Increase 142.15% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 81.69 (%).Trend:Decrease 49.92% than previous quarter

Overall: increasing (21.27%). 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 38.21 (%).Trend:Decrease 35.39% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 102.75 (%).Trend:Increase 168.91% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 53.83 (%).Trend:Decrease 47.61% than previous quarter

Overall: increasing (40.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.51 (%).Trend:Decrease 0.48% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.06 (%).Trend:Decrease 11.59% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.59 (%).Trend:Increase 4.79% than previous quarter

Overall: decreasing (-7.35%). 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 39.77 (%).Trend:Decrease 3.52% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 40.2 (%).Trend:Increase 1.08% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 40.53 (%).Trend:Increase 0.82% than previous quarter

Overall: increasing (1.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.14 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Increase 28.57% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.25 (USD).Trend:Increase 38.89% than previous quarter

Overall: increasing (78.57%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 reveal significant fluctuations across working capital, cost, and investment efficiency metrics.  Liabilities and current assets on revenue demonstrate substantial increases and decreases. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a similarly volatile pattern. Selling, general, and administrative (SG&A) expenses, however, reveal a moderate decrease overall.  Investment efficiency (retained earnings on assets) shows little fluctuation. Earnings per share exhibit a significant upward trend, but with substantial variation between periods.  The results highlight the need for further investigation into these inconsistencies.