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 27.27 (%).Trend:Decrease 32.77% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 81.54 (%).Trend:Increase 199.01% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 41.42 (%).Trend:Decrease 49.2% than previous quarter

Overall: increasing (51.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 32.77 (%).Trend:Decrease 32.56% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 90.75 (%).Trend:Increase 176.93% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.87 (%).Trend:Decrease 48.35% than previous quarter

Overall: increasing (43.03%). 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 17.32 (%).Trend:Decrease 31.81% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 38.34 (%).Trend:Increase 121.36% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 20.56 (%).Trend:Decrease 46.37% than previous quarter

Overall: increasing (18.71%). 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 36.78 (%).Trend:Increase 1.21% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 31.18 (%).Trend:Decrease 15.23% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 32.69 (%).Trend:Increase 4.84% than previous quarter

Overall: decreasing (-11.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.97 (USD).Trend:Increase 31.42% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.82 (USD).Trend:Decrease 38.72% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.7 (USD).Trend:Increase 48.35% than previous quarter

Overall: decreasing (-9.09%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q3 2021 to Q2 2022 showcases substantial volatility.  Working capital efficiency (liabilities and current assets on revenue) is increasing but with large quarter-to-quarter fluctuations. Cost efficiency (ratio of retained earnings to revenue) also shows an overall increasing trend, however with significant quarter-to-quarter changes.   Investment efficiency (retained earnings on assets) is declining but exhibiting minimal fluctuation. Earnings per share are declining overall with notable volatility.  The analysis suggests a period of significant change and potential risk.