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 33.35 (%).Trend:Decrease 27.58% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.06 (%).Trend:Increase 128.07% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 45.61 (%).Trend:Decrease 40.03% than previous quarter

Overall: increasing (36.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 47.73 (%).Trend:Decrease 23.28% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 108.56 (%).Trend:Increase 127.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 59.72 (%).Trend:Decrease 44.99% than previous quarter

Overall: increasing (25.12%). 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 10.68 (%).Trend:Decrease 17.59% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 33.04 (%).Trend:Increase 209.36% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 16.8 (%).Trend:Decrease 49.15% than previous quarter

Overall: increasing (57.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.86 (%).Trend:Increase 2.47% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.07 (%).Trend:Decrease 11.44% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.33 (%).Trend:Increase 6.1% than previous quarter

Overall: decreasing (-6.04%). 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 11.06 (%).Trend:Increase 21.01% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 15.16 (%).Trend:Increase 37.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 13.93 (%).Trend:Decrease 8.11% than previous quarter

Overall: increasing (25.95%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.51 (USD).Trend:Increase 33.63% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.92 (USD).Trend:Decrease 39.07% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 41.3% than previous quarter

Overall: decreasing (-13.91%). Fluctuation: **Neutral** (moderate variation).



Significant fluctuations were observed in Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue from Q3 2021 to Q2 2022, with overall increases.  SG&A Expense Ratio decreased slightly, showing little variation.  Retained Earning on Assets increased moderately, and Earning Per Share decreased moderately.  Analysis encompassed three quarters.