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 31.43 (%).Trend:Decrease 25.63% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 106.66 (%).Trend:Increase 239.36% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 54.4 (%).Trend:Decrease 49.0% than previous quarter

Overall: increasing (73.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 65.89 (%).Trend:Decrease 32.05% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 197.24 (%).Trend:Increase 199.35% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 104.0 (%).Trend:Decrease 47.27% than previous quarter

Overall: increasing (57.84%). 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 25.23 (%).Trend:Decrease 38.48% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 66.15 (%).Trend:Increase 162.19% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.88 (%).Trend:Decrease 50.29% than previous quarter

Overall: increasing (30.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 31.41 (%).Trend:Decrease 8.9% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 28.15 (%).Trend:Decrease 10.38% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 27.09 (%).Trend:Decrease 3.77% than previous quarter

Overall: decreasing (-13.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.41 (USD).Trend:Increase 34.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.5 (USD).Trend:Decrease 64.54% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.32 (USD).Trend:Increase 164.0% than previous quarter

Overall: decreasing (-6.38%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically in Q1 2022, then decreased in Q2 and Q3 2022, before rising again in Q1 2023. Current assets on revenue also experienced substantial increases and decreases over the period. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a similar pattern of significant increases and decreases, with a net overall increase.  Investment efficiency, as measured by retained earnings on assets, shows a slightly less volatile trend of mostly decreasing values. Earnings per share show a significant upward trend, increasing dramatically in Q2 and Q3 2022, and Q1 2023.