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 17.91 (%).Trend:Decrease 31.04% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 53.97 (%).Trend:Increase 201.34% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.96 (%).Trend:Decrease 42.63% than previous quarter

Overall: increasing (72.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 51.25 (%).Trend:Decrease 30.77% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 139.73 (%).Trend:Increase 172.64% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 81.01 (%).Trend:Decrease 42.02% than previous quarter

Overall: increasing (58.07%). 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 124.24 (%).Trend:Decrease 31.42% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 332.53 (%).Trend:Increase 167.65% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 169.87 (%).Trend:Decrease 48.92% than previous quarter

Overall: increasing (36.73%). 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 61.72 (%).Trend:Increase 3.06% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 63.69 (%).Trend:Increase 3.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 49.22 (%).Trend:Decrease 22.72% than previous quarter

Overall: decreasing (-20.25%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.21 (USD).Trend:Increase 54.55% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.9 (USD).Trend:Decrease 59.28% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.83 (USD).Trend:Increase 103.33% than previous quarter

Overall: decreasing (-17.19%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 demonstrates highly variable trends.  Liabilities and current assets on revenue show significant fluctuations, as does the ratio of retained earnings to revenue.  Retained earnings on assets decreased, while earnings per share have decreased, but increased recently.  Overall financial performance is volatile.