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 20.95 (%).Trend:Decrease 32.98% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 65.27 (%).Trend:Increase 211.55% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.53 (%).Trend:Decrease 51.69% than previous quarter

Overall: increasing (50.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 48.24 (%).Trend:Decrease 32.88% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 148.97 (%).Trend:Increase 208.81% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.69 (%).Trend:Decrease 55.23% than previous quarter

Overall: increasing (38.25%). 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 21.9 (%).Trend:Decrease 30.87% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 69.39 (%).Trend:Increase 216.85% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 34.24 (%).Trend:Decrease 50.66% than previous quarter

Overall: increasing (56.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.69 (%).Trend:Increase 1.28% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.51 (%).Trend:Decrease 2.07% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.29 (%).Trend:Decrease 2.59% than previous quarter

Overall: decreasing (-4.6%). 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 16.87 (%).Trend:Increase 5.04% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 18.4 (%).Trend:Increase 9.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 19.52 (%).Trend:Increase 6.09% than previous quarter

Overall: increasing (15.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.97 (USD).Trend:Increase 19.28% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.89 (USD).Trend:Decrease 70.03% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.45 (USD).Trend:Increase 62.92% than previous quarter

Overall: decreasing (-51.18%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, financial performance demonstrates significant volatility across key metrics. Liabilities on revenue increased substantially in Q1 2022 after decreasing in previous quarters, followed by another decrease in Q2 2022, and finally, a decrease in Q3 2022. Similarly, current assets on revenue showed a large increase in Q1 2022 before significant decreases in subsequent quarters. The ratio of retained earnings to revenue also showed a considerable increase in Q1 2022 before decreasing in the following quarters.  SG&A expense ratio displayed a stable decrease. Retained earnings on assets and earnings per share also showed considerable fluctuations.  The results signify significant instability in financial health that warrants further review.