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 34.19 (%).Trend:Decrease 23.25% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 93.21 (%).Trend:Increase 172.62% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.48 (%).Trend:Decrease 46.92% than previous quarter

Overall: increasing (44.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 25.49 (%).Trend:Decrease 33.76% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 66.14 (%).Trend:Increase 159.47% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 32.78 (%).Trend:Decrease 50.44% than previous quarter

Overall: increasing (28.6%). 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 361.91 (%).Trend:Decrease 33.36% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 954.56 (%).Trend:Increase 163.76% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 469.6 (%).Trend:Decrease 50.8% than previous quarter

Overall: increasing (29.76%). 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 86.74 (%).Trend:Increase 1.37% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 87.33 (%).Trend:Increase 0.68% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 88.39 (%).Trend:Increase 1.21% than previous quarter

Overall: increasing (1.9%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 7.31 (USD).Trend:Increase 54.55% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.58 (USD).Trend:Decrease 64.71% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.51 (USD).Trend:Increase 113.57% than previous quarter

Overall: decreasing (-24.62%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased significantly in Q1 2022, then decreased in Q2 2022, while current assets on revenue also increased significantly in Q1 2022 and decreased in Q2 2022. Cost efficiency also displays significant fluctuation in retained earnings to revenue ratios over the 3 quarters. Investment efficiency shows little fluctuation with consistent increases in retained earnings on assets. Earnings per share shows significant fluctuations, increasing in Q3 2021, decreasing in Q1 2022, and increasing again in Q2 2022. Overall, the financial performance appears volatile.