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 24.03 (%).Trend:Decrease 23.15% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 58.76 (%).Trend:Increase 144.53% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 29.11 (%).Trend:Decrease 50.46% than previous quarter

Overall: increasing (21.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 69.21 (%).Trend:Decrease 31.29% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 178.9 (%).Trend:Increase 158.49% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 91.21 (%).Trend:Decrease 49.02% than previous quarter

Overall: increasing (31.79%). 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 -75.08 (%).Trend:Decrease 36.17% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -190.52 (%).Trend:Increase 153.76% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -92.15 (%).Trend:Decrease 51.63% than previous quarter

Overall: decreasing (22.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.55 (%).Trend:Increase 2.16% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.55 (%).Trend:Decrease 11.74% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.1 (%).Trend:Decrease 2.0% than previous quarter

Overall: decreasing (-13.5%). 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 -25.39 (%).Trend:Decrease 11.81% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -25.27 (%).Trend:Decrease 0.47% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -24.96 (%).Trend:Decrease 1.23% than previous quarter

Overall: increasing (-1.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.81 (USD).Trend:Increase 22.73% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 71.6% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.49 (USD).Trend:Increase 113.04% than previous quarter

Overall: decreasing (-39.51%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 financial data reveals considerable fluctuations in working capital efficiency. Liabilities on revenue decreased and then increased, before decreasing again. Current assets on revenue followed a similar pattern. Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue with high volatility.  SG&A expense ratio shows a small decrease overall. Investment efficiency indicates a modest overall increase in retained earnings on assets, despite significant variation. Earnings per share experienced substantial decreases and then increases.