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 21.96 (%).Trend:Decrease 42.51% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 62.16 (%).Trend:Increase 183.06% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.48 (%).Trend:Decrease 50.97% than previous quarter

Overall: increasing (38.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 12.8 (%).Trend:Decrease 50.04% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 24.63 (%).Trend:Increase 92.42% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 12.98 (%).Trend:Decrease 47.3% than previous quarter

Overall: increasing (1.41%). 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 33.36 (%).Trend:Decrease 35.69% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 89.83 (%).Trend:Increase 169.27% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 42.9 (%).Trend:Decrease 52.24% than previous quarter

Overall: increasing (28.6%). 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 25.5 (%).Trend:Increase 2.33% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 26.31 (%).Trend:Increase 3.18% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 26.15 (%).Trend:Decrease 0.61% than previous quarter

Overall: increasing (2.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.05 (USD).Trend:Decrease 64.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.06 (USD).Trend:Increase 20.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.08 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (60.0%). Fluctuation: **Neutral** (moderate variation).



Analyzing Q3 2021 to Q2 2022, liabilities on revenue and the ratio of retained earnings to revenue demonstrate significant increases with high fluctuation. Current assets on revenue show a minor increase. Retained earnings on assets increased slightly, displaying low variation. Earnings per share increased significantly, but with moderate fluctuation.