Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 93.18 (%).Trend:Decrease 46.58% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 70.49 (%).Trend:Decrease 24.35% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 179.2 (%).Trend:Increase 154.22% than previous quarter

Overall: increasing (92.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 70.55 (%).Trend:Decrease 42.5% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 48.61 (%).Trend:Decrease 31.1% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 139.21 (%).Trend:Increase 186.38% than previous quarter

Overall: increasing (97.32%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 180.27 (%).Trend:Decrease 51.77% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 122.43 (%).Trend:Decrease 32.09% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 382.93 (%).Trend:Increase 212.77% than previous quarter

Overall: increasing (112.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.96 (%).Trend:Increase 0.53% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.59 (%).Trend:Decrease 2.18% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.68 (%).Trend:Increase 0.54% than previous quarter

Overall: decreasing (-1.65%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets 50.68 (%).Trend:Decrease 2.87% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 51.01 (%).Trend:Increase 0.65% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 53.77 (%).Trend:Increase 5.41% than previous quarter

Overall: increasing (6.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 2.16 (USD).Trend:Increase 107.69% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.13 (USD).Trend:Increase 44.91% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.03 (USD).Trend:Decrease 67.09% than previous quarter

Overall: decreasing (-52.31%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 reveal a complex financial picture.  Working capital efficiency, measured by liabilities and current assets on revenue, displayed significant increases with high volatility. Cost efficiency, as measured by retained earnings to revenue, also increased notably but saw high fluctuation. SG&A expense ratio remained relatively consistent, declining slightly overall. Investment efficiency, measured by retained earnings on assets, showed a steady, low-variation increase. Earnings per share fell overall with substantial volatility.