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 29.91 (%).Trend:Decrease 24.16% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 72.1 (%).Trend:Increase 141.06% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.97 (%).Trend:Decrease 47.34% than previous quarter

Overall: increasing (26.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 118.3 (%).Trend:Decrease 32.15% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 314.62 (%).Trend:Increase 165.95% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 151.06 (%).Trend:Decrease 51.99% than previous quarter

Overall: increasing (27.69%). 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 -18.83 (%).Trend:Decrease 28.59% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -57.04 (%).Trend:Increase 202.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -30.31 (%).Trend:Decrease 46.86% than previous quarter

Overall: decreasing (60.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -6.24 (%).Trend:Increase 10.64% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -7.11 (%).Trend:Increase 13.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -7.93 (%).Trend:Increase 11.53% than previous quarter

Overall: decreasing (27.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.77 (USD).Trend:Increase 57.14% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.27 (USD).Trend:Decrease 64.94% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.52 (USD).Trend:Increase 92.59% than previous quarter

Overall: increasing (-32.47%). Fluctuation: **Significant** (high variation).



From Q3 2021 to Q2 2022, significant fluctuations characterize financial performance.  Working capital efficiency metrics (liabilities and current assets on revenue) increased overall, but with high variability. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a substantial overall decrease and high volatility. Investment efficiency, as reflected in retained earnings on assets, decreased, also exhibiting high fluctuation. Earnings per share saw an overall increase despite marked quarter-to-quarter changes.