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 17.28 (%).Trend:Decrease 38.79% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 54.86 (%).Trend:Increase 217.48% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 26.26 (%).Trend:Decrease 52.13% than previous quarter

Overall: increasing (51.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 20.94 (%).Trend:Decrease 38.83% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 43.14 (%).Trend:Increase 106.02% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 13.96 (%).Trend:Decrease 67.64% than previous quarter

Overall: decreasing (-33.33%). 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 35.75 (%).Trend:Decrease 32.01% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 99.95 (%).Trend:Increase 179.58% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 46.66 (%).Trend:Decrease 53.32% than previous quarter

Overall: increasing (30.52%). 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 37.6 (%).Trend:Increase 3.04% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 40.49 (%).Trend:Increase 7.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 40.44 (%).Trend:Decrease 0.12% than previous quarter

Overall: increasing (7.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.76 (USD).Trend:Increase 38.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.09 (USD).Trend:Decrease 60.51% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.16 (USD).Trend:Increase 98.17% than previous quarter

Overall: decreasing (-21.74%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, liabilities on revenue increased overall with significant fluctuation.  Current assets on revenue decreased significantly and fluctuated. The ratio of retained earnings to revenue also increased, with significant fluctuation. Retained earnings on assets showed modest growth.  Earnings per share decreased overall, displaying significant fluctuation.