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 21.69 (%).Trend:Decrease 32.16% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 59.57 (%).Trend:Increase 174.64% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.7 (%).Trend:Decrease 48.46% than previous quarter

Overall: increasing (41.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 34.78 (%).Trend:Decrease 29.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 107.77 (%).Trend:Increase 209.86% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 60.46 (%).Trend:Decrease 43.9% than previous quarter

Overall: increasing (73.84%). 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 14.93 (%).Trend:Decrease 13.55% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 54.0 (%).Trend:Increase 261.69% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.34 (%).Trend:Decrease 40.11% than previous quarter

Overall: increasing (116.61%). 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 10.99 (%).Trend:Increase 35.34% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 14.17 (%).Trend:Increase 28.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 16.6 (%).Trend:Increase 17.15% than previous quarter

Overall: increasing (51.05%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.18 (USD).Trend:Increase 107.02% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 61.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Increase 126.67% than previous quarter

Overall: decreasing (-13.56%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 reveals substantial volatility across key metrics. Working capital efficiency, measured by both liabilities and current assets on revenue, exhibits an increasing trend, though with significant fluctuations. Cost efficiency (retained earnings to revenue) shows substantial increases with significant quarter-to-quarter variance. Investment efficiency continues a positive upward trend, and earnings per share shows a mixed trend with large increases and decreases.