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 29.81 (%).Trend:Decrease 30.85% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 97.73 (%).Trend:Increase 227.84% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.3 (%).Trend:Decrease 48.53% than previous quarter

Overall: increasing (68.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 40.71 (%).Trend:Decrease 31.34% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 121.45 (%).Trend:Increase 198.33% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 61.26 (%).Trend:Decrease 49.56% than previous quarter

Overall: increasing (50.48%). 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 33.4 (%).Trend:Decrease 34.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 88.43 (%).Trend:Increase 164.76% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 41.95 (%).Trend:Decrease 52.56% than previous quarter

Overall: increasing (25.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.3 (%).Trend:Decrease 2.25% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.53 (%).Trend:Increase 5.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.02 (%).Trend:Decrease 2.26% than previous quarter

Overall: increasing (3.38%). 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 34.63 (%).Trend:Decrease 2.62% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 30.09 (%).Trend:Decrease 13.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 28.85 (%).Trend:Decrease 4.12% than previous quarter

Overall: decreasing (-16.69%). Fluctuation: **Little** (low variation).

Earning Per Share


The period from Q3 2021 to Q2 2022 shows significant increases in liabilities on revenue and current assets on revenue, suggesting strong revenue growth.  The ratio of retained earnings to revenue also increased but with high fluctuation.   The SG&A expense ratio remained relatively stable with a small increase. Conversely, retained earnings on assets decreased noticeably, warranting further investigation.