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 34.77 (%).Trend:Decrease 19.51% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 95.03 (%).Trend:Increase 173.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.07 (%).Trend:Decrease 47.31% than previous quarter

Overall: increasing (44.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 69.87 (%).Trend:Decrease 22.49% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 223.06 (%).Trend:Increase 219.25% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 116.33 (%).Trend:Decrease 47.85% than previous quarter

Overall: increasing (66.49%). 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 10.75 (%).Trend:Decrease 27.71% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 45.46 (%).Trend:Increase 322.88% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 23.87 (%).Trend:Decrease 47.49% than previous quarter

Overall: increasing (122.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.28 (%).Trend:Decrease 2.43% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.55 (%).Trend:Decrease 38.95% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.27 (%).Trend:Increase 35.26% than previous quarter

Overall: decreasing (-17.42%). Fluctuation: **Neutral** (moderate 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 12.94 (%).Trend:Decrease 4.64% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.04 (%).Trend:Increase 31.68% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 17.33 (%).Trend:Increase 1.7% than previous quarter

Overall: increasing (33.93%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.62 (USD).Trend:Increase 195.24% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 17.74% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.87 (USD).Trend:Increase 70.59% than previous quarter

Overall: increasing (40.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant fluctuation in working capital efficiency metrics. Liabilities on revenue increased sharply in Q1 2022, then decreased in Q2 2022, indicating instability.  Current assets on revenue also exhibited considerable volatility, increasing dramatically in Q1 2022 before declining in Q2 2022.  Cost efficiency, measured by retained earnings to revenue, demonstrated similar volatility, increasing substantially in Q1 2022 before dropping in Q2 2022.  SG&A expense ratios trended downwards overall but had some fluctuations. Investment efficiency, measured by retained earnings on assets, remained relatively stable, increasing overall. Earnings per share also showed significant variation, with increases and decreases over the period.  Overall, the data highlights substantial and irregular changes in key financial ratios, requiring further investigation for underlying causes.