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 52.54 (%).Trend:Decrease 2.94% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.14 (%).Trend:Increase 14.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.63 (%).Trend:Decrease 19.14% than previous quarter

Overall: decreasing (-7.44%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 45.14 (%).Trend:Decrease 19.77% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 74.51 (%).Trend:Increase 65.06% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 39.81 (%).Trend:Decrease 46.57% than previous quarter

Overall: decreasing (-11.81%). 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 -43.61 (%).Trend:Decrease 19.51% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -90.99 (%).Trend:Increase 108.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -40.61 (%).Trend:Decrease 55.37% than previous quarter

Overall: increasing (-6.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.08 (%).Trend:Decrease 11.86% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.25 (%).Trend:Decrease 39.9% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.11 (%).Trend:Decrease 11.2% than previous quarter

Overall: decreasing (-46.63%). Fluctuation: **Significant** (high 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 -11.69 (%).Trend:Increase 21.77% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -17.39 (%).Trend:Increase 48.76% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -15.28 (%).Trend:Decrease 12.13% than previous quarter

Overall: decreasing (30.71%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2021 to Q2 2022 indicate a mixed picture of working capital efficiency. Liabilities on revenue decreased slightly, while current assets on revenue experienced significant fluctuations. Cost efficiency shows a decrease in SG&A expense ratio, but the retained earnings to revenue ratio exhibits substantial volatility.  Investment efficiency shows a negative trend with substantial volatility in retained earnings on assets. Earnings per share data is missing, impacting a full assessment.