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 32.5 (%).Trend:Decrease 36.71% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 96.84 (%).Trend:Increase 197.97% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 47.37 (%).Trend:Decrease 51.08% than previous quarter

Overall: increasing (45.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 38.56 (%).Trend:Decrease 35.94% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 127.08 (%).Trend:Increase 229.56% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 64.5 (%).Trend:Decrease 49.24% than previous quarter

Overall: increasing (67.27%). 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 49.36 (%).Trend:Decrease 31.88% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 120.91 (%).Trend:Increase 144.96% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 60.39 (%).Trend:Decrease 50.05% than previous quarter

Overall: increasing (22.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.75 (%).Trend:Decrease 2.69% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.75 (%).Trend:Increase 10.26% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.02 (%).Trend:Decrease 6.79% than previous quarter

Overall: increasing (2.77%). 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 41.6 (%).Trend:Increase 4.79% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 30.78 (%).Trend:Decrease 26.01% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 31.83 (%).Trend:Increase 3.41% than previous quarter

Overall: decreasing (-23.49%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.51 (USD).Trend:Decrease 41.92% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.18 (USD).Trend:Decrease 178.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.52 (USD).Trend:Increase 113.56% than previous quarter

Overall: increasing (-266.89%). Fluctuation: **Significant** (high variation).



Analysis of three quarters (Q3 2021 - Q2 2022) reveals significant fluctuations in Liabilities on Revenue, Current assets on Revenue, and Ratio of Retained Earnings to Revenue, all showing substantial increases followed by decreases.  The SG&A Expense Ratio shows little variation.  Retained Earning on Assets decreased overall with moderate fluctuation, while Earning Per Share significantly increased despite large variations.