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 17.86 (%).Trend:Decrease 28.04% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 51.54 (%).Trend:Increase 188.58% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.3 (%).Trend:Decrease 50.91% than previous quarter

Overall: increasing (41.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 100.54 (%).Trend:Decrease 20.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 285.63 (%).Trend:Increase 184.1% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 128.92 (%).Trend:Decrease 54.86% than previous quarter

Overall: increasing (28.23%). 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 331.9 (%).Trend:Decrease 32.86% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 959.29 (%).Trend:Increase 189.03% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 477.22 (%).Trend:Decrease 50.25% than previous quarter

Overall: increasing (43.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.34 (%).Trend:Decrease 2.51% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.6 (%).Trend:Decrease 7.92% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.34 (%).Trend:Decrease 3.02% than previous quarter

Overall: decreasing (-10.71%). 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 192.7 (%).Trend:Decrease 9.45% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 186.16 (%).Trend:Decrease 3.39% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 195.28 (%).Trend:Increase 4.9% than previous quarter

Overall: increasing (1.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 6.08 (USD).Trend:Increase 52.76% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.37 (USD).Trend:Decrease 61.02% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.85 (USD).Trend:Increase 104.64% than previous quarter

Overall: decreasing (-20.23%). Fluctuation: **Significant** (high variation).



Working Capital Efficiency, measured by liabilities and current assets on revenue, shows a significant increase (41.66% and 28.23%, respectively), but with high volatility. Cost Efficiency displays a decrease in SG&A Expense Ratio (-10.71%) with low fluctuation.  The ratio of retained earnings to revenue is also increasing (43.78%) but shows a high degree of volatility. Investment Efficiency shows a slight overall increase (1.34%) with low fluctuation. Earning Per Share reveals a decrease (-20.23%) in earnings with significant quarter-to-quarter variations.