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 39.2 (%).Trend:Decrease 29.08% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 118.84 (%).Trend:Increase 203.16% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 56.22 (%).Trend:Decrease 52.69% than previous quarter

Overall: increasing (43.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 73.0 (%).Trend:Decrease 15.45% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 206.32 (%).Trend:Increase 182.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 94.03 (%).Trend:Decrease 54.43% than previous quarter

Overall: increasing (28.81%). 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 17.92 (%).Trend:Decrease 21.16% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 91.19 (%).Trend:Increase 408.87% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 46.26 (%).Trend:Decrease 49.27% than previous quarter

Overall: increasing (158.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.88 (%).Trend:Decrease 3.06% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.91 (%).Trend:Decrease 13.24% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.32 (%).Trend:Decrease 4.57% than previous quarter

Overall: decreasing (-17.2%). 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 10.76 (%).Trend:Increase 20.09% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.54 (%).Trend:Increase 63.01% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 19.29 (%).Trend:Increase 9.98% than previous quarter

Overall: increasing (79.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.54 (USD).Trend:Increase 54.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.62 (USD).Trend:Increase 5.19% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.3 (USD).Trend:Increase 41.98% than previous quarter

Overall: increasing (49.35%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q3 2021 to Q2 2022 show significant volatility in financial metrics. Working capital efficiency, measured by liabilities and current assets on revenue, experienced substantial increases and decreases. Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibited substantial increases and drops. Selling, General & Administrative (SG&A) expenses display a consistently decreasing trend. Investment efficiency displays significant fluctuation in retained earnings on assets.  Earnings per share show a positive overall trend with considerable fluctuations.