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 13.96 (%).Trend:Decrease 24.38% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 35.91 (%).Trend:Increase 157.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 17.42 (%).Trend:Decrease 51.49% than previous quarter

Overall: increasing (24.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 30.24 (%).Trend:Decrease 29.95% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 87.77 (%).Trend:Increase 190.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.58 (%).Trend:Decrease 46.93% than previous quarter

Overall: increasing (54.03%). 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 -9.68 (%).Trend:Decrease 48.29% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 4.98 (%).Trend:Decrease 151.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 5.97 (%).Trend:Increase 19.88% than previous quarter

Overall: increasing (-161.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.43 (%).Trend:Decrease 1.3% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.74 (%).Trend:Decrease 32.5% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.56 (%).Trend:Increase 8.42% than previous quarter

Overall: decreasing (-26.82%). 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 -19.27 (%).Trend:Decrease 23.14% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 4.28 (%).Trend:Decrease 122.21% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 9.81 (%).Trend:Increase 129.21% than previous quarter

Overall: increasing (-150.91%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.49 (USD).Trend:Increase 75.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.67 (USD).Trend:Increase 12.08% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.08 (USD).Trend:Increase 84.43% than previous quarter

Overall: increasing (106.71%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 shows significant fluctuation. Liabilities on revenue, while increasing overall, display substantial quarter-to-quarter swings. Current assets on revenue also exhibit significant volatility with large increases and decreases between quarters. Cost efficiency indicates an increase in the ratio of retained earnings to revenue, though with substantial variation across quarters. SG&A expense ratio demonstrates a decrease in overall cost-efficiency, showing minor fluctuations. Invest efficiency shows a considerable increase in retained earnings on assets with substantial variation, while earning per share shows a substantial upward trend across the quarters.