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 47.33 (%).Trend:Decrease 26.09% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 156.9 (%).Trend:Increase 231.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 82.6 (%).Trend:Decrease 47.36% than previous quarter

Overall: increasing (74.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 63.32 (%).Trend:Decrease 28.75% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 168.65 (%).Trend:Increase 166.35% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 89.62 (%).Trend:Decrease 46.86% than previous quarter

Overall: increasing (41.54%). 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 152.65 (%).Trend:Decrease 35.43% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 436.75 (%).Trend:Increase 186.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 219.21 (%).Trend:Decrease 49.81% than previous quarter

Overall: increasing (43.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.76 (%).Trend:Decrease 0.25% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.09 (%).Trend:Increase 1.39% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.9 (%).Trend:Decrease 0.79% than previous quarter

Overall: increasing (0.59%). 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 92.4 (%).Trend:Decrease 2.71% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 75.5 (%).Trend:Decrease 18.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 74.99 (%).Trend:Decrease 0.68% than previous quarter

Overall: decreasing (-18.84%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 11.01 (USD).Trend:Increase 26.99% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.08 (USD).Trend:Decrease 81.11% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.54 (USD).Trend:Increase 22.12% than previous quarter

Overall: decreasing (-76.93%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 shows significant variability.  Liabilities and current assets on revenue trend upward overall but experience large quarterly changes.  The ratio of retained earnings to revenue exhibits substantial quarter-to-quarter shifts, with a strong increase followed by significant declines.  SG&A expense ratios show a minor increase.  Investment efficiency, as measured by retained earnings on assets, declines overall.  Earnings per share, also significantly fluctuate.