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 24.46 (%).Trend:Decrease 26.81% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 73.92 (%).Trend:Increase 202.21% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.14 (%).Trend:Decrease 56.52% than previous quarter

Overall: increasing (31.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 34.32 (%).Trend:Decrease 24.27% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 95.25 (%).Trend:Increase 177.53% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 39.95 (%).Trend:Decrease 58.06% than previous quarter

Overall: increasing (16.4%). 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 25.97 (%).Trend:Decrease 25.37% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 60.74 (%).Trend:Increase 133.89% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 35.81 (%).Trend:Decrease 41.04% than previous quarter

Overall: increasing (37.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.76 (%).Trend:Increase 2.91% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.59 (%).Trend:Decrease 11.57% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.85 (%).Trend:Increase 1.57% than previous quarter

Overall: decreasing (-10.18%). 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 25.13 (%).Trend:Increase 9.02% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 29.03 (%).Trend:Increase 15.52% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 35.45 (%).Trend:Increase 22.12% than previous quarter

Overall: increasing (41.07%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 4.43 (USD).Trend:Increase 53.82% than previous quarter
Year 2022 Quarter 1: Earning Per Share 3.11 (USD).Trend:Decrease 29.8% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.9 (USD).Trend:Increase 89.71% than previous quarter

Overall: increasing (33.18%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 presents a mixed picture of financial performance.  Working capital efficiency and cost efficiency both experience significant fluctuations, with substantial increases but also declines.  SG&A expenses show a slight decrease.  Investment efficiency and earnings per share show moderate, fluctuating increases.