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 21.26 (%).Trend:Decrease 32.47% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.24 (%).Trend:Increase 183.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.92 (%).Trend:Decrease 48.67% than previous quarter

Overall: increasing (45.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 57.86 (%).Trend:Decrease 33.02% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 150.2 (%).Trend:Increase 159.59% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 72.88 (%).Trend:Decrease 51.48% than previous quarter

Overall: increasing (25.96%). 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 69.9 (%).Trend:Decrease 32.33% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 182.61 (%).Trend:Increase 161.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 88.93 (%).Trend:Decrease 51.3% than previous quarter

Overall: increasing (27.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.87 (%).Trend:Decrease 0.26% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.32 (%).Trend:Decrease 14.21% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.15 (%).Trend:Decrease 5.12% than previous quarter

Overall: decreasing (-18.6%). Fluctuation: **Neutral** (moderate 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 65.16 (%).Trend:Decrease 0.66% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 64.51 (%).Trend:Decrease 1.0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 64.7 (%).Trend:Increase 0.29% than previous quarter

Overall: decreasing (-0.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 387.09 (USD).Trend:Increase 26.67% than previous quarter
Year 2022 Quarter 1: Earning Per Share 89.28 (USD).Trend:Decrease 76.94% than previous quarter
Year 2022 Quarter 2: Earning Per Share 181.81 (USD).Trend:Increase 103.64% than previous quarter

Overall: decreasing (-53.03%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, working capital efficiency shows increasing trends, though with considerable fluctuation. Liabilities on revenue increased by 45.44% and current assets on revenue by 25.96%.  Cost efficiency, with a considerable increase in retained earnings to revenue (27.22%), also exhibits volatility.  Selling, general, and administrative (SG&A) expenses saw a decrease of 18.6%.  Investment efficiency, as measured by retained earnings on assets, showed a minor decrease of 0.71%. Earnings per share decreased by 53.03%, showing significant variation.