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 40.95 (%).Trend:Decrease 35.3% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 106.55 (%).Trend:Increase 160.2% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 59.26 (%).Trend:Decrease 44.38% than previous quarter

Overall: increasing (44.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 69.66 (%).Trend:Decrease 30.0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 192.39 (%).Trend:Increase 176.18% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 94.22 (%).Trend:Decrease 51.03% than previous quarter

Overall: increasing (35.26%). 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 129.55 (%).Trend:Decrease 29.57% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 363.91 (%).Trend:Increase 180.9% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 197.16 (%).Trend:Decrease 45.82% than previous quarter

Overall: increasing (52.19%). 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 68.1 (%).Trend:Increase 4.24% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 74.67 (%).Trend:Increase 9.65% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 79.53 (%).Trend:Increase 6.51% than previous quarter

Overall: increasing (16.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.9 (USD).Trend:Increase 52.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.86 (USD).Trend:Decrease 54.74% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.55 (USD).Trend:Increase 80.23% than previous quarter

Overall: decreasing (-18.42%). Fluctuation: **Significant** (high variation).



From Q3 2021 to Q2 2022, liabilities on revenue increased (44.71%) with significant fluctuation, while current assets on revenue also rose (35.26%) exhibiting similar volatility. The ratio of retained earnings to revenue increased substantially (52.19%) despite significant quarterly changes. Retained earnings on assets experienced a steady, small increase (16.78%) with little fluctuation. Earnings per share decreased overall (-18.42%) with significant variation. This indicates a company growing its asset base and retained earnings, but facing declining profitability and unstable working capital.