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 12.24 (%).Trend:Decrease 37.9% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 39.96 (%).Trend:Increase 226.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 20.49 (%).Trend:Decrease 48.72% than previous quarter

Overall: increasing (67.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 59.81 (%).Trend:Decrease 32.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 159.63 (%).Trend:Increase 166.9% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 82.01 (%).Trend:Decrease 48.62% than previous quarter

Overall: increasing (37.12%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.16 (%).Trend:Decrease 2.94% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.51 (%).Trend:Increase 1.83% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.75 (%).Trend:Decrease 3.9% than previous quarter

Overall: decreasing (-2.14%). 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
Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.73 (USD).Trend:Increase 78.05% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 61.64% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.57 (USD).Trend:Increase 103.57% than previous quarter

Overall: decreasing (-21.92%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 reveals high variability in working capital efficiency. Liabilities and current assets on revenue fluctuate considerably, potentially indicating instability. Cost efficiency, as reflected in the SG&A ratio, exhibits a modest downward trend. Investment efficiency displays substantial variation in profitability, as measured by earnings per share.