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 44.69 (%).Trend:Decrease 29.89% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 128.18 (%).Trend:Increase 186.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 58.42 (%).Trend:Decrease 54.42% than previous quarter

Overall: increasing (30.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 137.42 (%).Trend:Decrease 33.39% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 381.58 (%).Trend:Increase 177.67% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 180.85 (%).Trend:Decrease 52.6% than previous quarter

Overall: increasing (31.6%). 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 -127.73 (%).Trend:Decrease 29.82% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -354.2 (%).Trend:Increase 177.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -182.27 (%).Trend:Decrease 48.54% than previous quarter

Overall: decreasing (42.7%). 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 -33.96 (%).Trend:Increase 7.54% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -34.81 (%).Trend:Increase 2.5% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -37.22 (%).Trend:Increase 6.92% than previous quarter

Overall: decreasing (9.6%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.55 (USD).Trend:Increase 56.57% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.41 (USD).Trend:Decrease 73.55% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.85 (USD).Trend:Increase 107.32% than previous quarter

Overall: increasing (-45.16%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, liabilities on revenue increased by 30.72% and current assets on revenue increased by 31.6%, both showing significant fluctuation.  The ratio of retained earnings to revenue decreased by 42.7%, also with high variability. Retained earnings on assets decreased by 9.6% with significant fluctuation.  Earnings per share showed an overall increase, remaining negative.