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 20.82 (%).Trend:Decrease 48.38% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 69.09 (%).Trend:Increase 231.84% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.51 (%).Trend:Decrease 50.05% than previous quarter

Overall: increasing (65.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 84.75 (%).Trend:Decrease 37.84% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 238.27 (%).Trend:Increase 181.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 131.91 (%).Trend:Decrease 44.64% than previous quarter

Overall: increasing (55.65%). 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 79.97 (%).Trend:Decrease 31.5% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 172.98 (%).Trend:Increase 116.31% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 91.96 (%).Trend:Decrease 46.84% than previous quarter

Overall: increasing (14.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.55 (%).Trend:Decrease 2.79% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.62 (%).Trend:Increase 0.25% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.86 (%).Trend:Increase 0.84% than previous quarter

Overall: increasing (1.09%). Fluctuation: **Little** (low 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 30.95 (%).Trend:Increase 5.63% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 25.26 (%).Trend:Decrease 18.38% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 26.36 (%).Trend:Increase 4.35% than previous quarter

Overall: decreasing (-14.83%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial analysis for three quarters (Q3 2021 to Q2 2022) covering Working Capital Efficiency, Liabilities/Revenue, Cost Efficiency, Ratio of Retained Earnings to Revenue, SG&A Expense Ratio, Invest Efficiency, Retained Earnings on Assets, and Earnings Per Share is needed.  Data is presented with percentage values, showing trends (increases/decreases) and overall tendencies (increasing/decreasing).  Fluctuation is rated as significant, little, or neutral.  Zero or outlier data is to be excluded.