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 32.44 (%).Trend:Decrease 34.68% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 91.72 (%).Trend:Increase 182.74% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 45.92 (%).Trend:Decrease 49.93% than previous quarter

Overall: increasing (41.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 69.24 (%).Trend:Decrease 34.01% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 183.05 (%).Trend:Increase 164.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 91.81 (%).Trend:Decrease 49.84% than previous quarter

Overall: increasing (32.6%). 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 30.61 (%).Trend:Decrease 31.23% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 97.71 (%).Trend:Increase 219.21% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 50.23 (%).Trend:Decrease 48.59% than previous quarter

Overall: increasing (64.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.3 (%).Trend:Decrease 3.58% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.1 (%).Trend:Decrease 1.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.59 (%).Trend:Decrease 4.59% than previous quarter

Overall: decreasing (-6.28%). 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 28.9 (%).Trend:Increase 4.71% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 33.32 (%).Trend:Increase 15.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 34.89 (%).Trend:Increase 4.71% than previous quarter

Overall: increasing (20.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.33 (USD).Trend:Increase 42.07% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.74 (USD).Trend:Decrease 68.24% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.82 (USD).Trend:Increase 145.95% than previous quarter

Overall: decreasing (-21.89%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 reveals significant fluctuations in key metrics. Liabilities and current assets on revenue show substantial increases and decreases across quarters, impacting working capital efficiency. The ratio of retained earnings to revenue also exhibits significant volatility. SG&A expense ratio trends downwards steadily.  Investment efficiency (retained earnings on assets) trends upward with slight variation. Earnings per share show a pronounced decline followed by a sizable recovery.