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 17.16 (%).Trend:Decrease 31.31% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 49.23 (%).Trend:Increase 186.89% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 21.2 (%).Trend:Decrease 56.94% than previous quarter

Overall: increasing (23.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 33.05 (%).Trend:Decrease 33.3% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 94.16 (%).Trend:Increase 184.9% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 40.52 (%).Trend:Decrease 56.97% than previous quarter

Overall: increasing (22.6%). 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 -20.51 (%).Trend:Decrease 44.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -50.32 (%).Trend:Increase 145.34% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -24.68 (%).Trend:Decrease 50.95% than previous quarter

Overall: decreasing (20.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.81 (%).Trend:Decrease 1.34% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.26 (%).Trend:Increase 12.37% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.99 (%).Trend:Decrease 5.71% than previous quarter

Overall: increasing (5.96%). 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 -10.16 (%).Trend:Decrease 13.75% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -8.58 (%).Trend:Decrease 15.55% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -8.98 (%).Trend:Increase 4.66% than previous quarter

Overall: increasing (-11.61%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 4.99 (USD).Trend:Increase 24.75% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.25 (USD).Trend:Decrease 74.95% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.98 (USD).Trend:Increase 58.4% than previous quarter

Overall: decreasing (-60.32%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 shows substantial variability. Liabilities and current assets on revenue saw increases and decreases, with high fluctuation. The retained earnings-to-revenue ratio showed substantial declines. The SG&A expense ratio showed slight increases and decreases. Investment efficiency and earnings per share exhibited considerable volatility.