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 13.05 (%).Trend:Decrease 34.19% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 38.84 (%).Trend:Increase 197.62% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 18.14 (%).Trend:Decrease 53.3% than previous quarter

Overall: increasing (39.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 19.38 (%).Trend:Decrease 35.08% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 51.94 (%).Trend:Increase 168.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 24.79 (%).Trend:Decrease 52.27% than previous quarter

Overall: increasing (27.92%). 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 3.31 (%).Trend:Decrease 30.9% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 9.82 (%).Trend:Increase 196.68% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 4.97 (%).Trend:Decrease 49.39% than previous quarter

Overall: increasing (50.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.26 (%).Trend:Decrease 1.25% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.89 (%).Trend:Increase 4.42% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.4 (%).Trend:Decrease 3.29% than previous quarter

Overall: increasing (0.98%). 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 5.51 (%).Trend:Increase 7.83% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 5.91 (%).Trend:Increase 7.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 6.35 (%).Trend:Increase 7.45% than previous quarter

Overall: increasing (15.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.28 (USD).Trend:Increase 833.33% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 125.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.2 (USD).Trend:Decrease 385.71% than previous quarter

Overall: decreasing (-28.57%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 reveals significant fluctuation. Liabilities on revenue and current assets on revenue both show substantial increases and decreases. The ratio of retained earnings to revenue demonstrates significant fluctuations, while the SG&A expense ratio shows minimal changes.  Investment efficiency exhibits little fluctuation in retained earnings on assets. Earnings per share reveal substantial increases and decreases, indicating volatility. Further analysis is crucial to understand these trends.