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 33.19 (%).Trend:Decrease 18.21% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.17 (%).Trend:Increase 129.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 27.62 (%).Trend:Decrease 63.74% than previous quarter

Overall: decreasing (-16.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 35.72 (%).Trend:Decrease 27.37% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 96.67 (%).Trend:Increase 170.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 47.01 (%).Trend:Decrease 51.37% than previous quarter

Overall: increasing (31.61%). 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 -129.22 (%).Trend:Decrease 35.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -256.0 (%).Trend:Increase 98.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -117.49 (%).Trend:Decrease 54.11% than previous quarter

Overall: increasing (-9.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.51 (%).Trend:Decrease 1.57% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.55 (%).Trend:Decrease 38.25% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.09 (%).Trend:Decrease 29.68% than previous quarter

Overall: decreasing (-56.57%). 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 -134.79 (%).Trend:Decrease 3.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -114.24 (%).Trend:Decrease 15.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -119.36 (%).Trend:Increase 4.48% than previous quarter

Overall: increasing (-11.45%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.52 (USD).Trend:Increase 29.9% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 107.14% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.57 (USD).Trend:Increase 216.67% than previous quarter

Overall: increasing (-122.62%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 indicates significant volatility across key financial performance metrics. Working capital efficiency shows fluctuating liabilities and current assets on revenue.  Cost efficiency displays a fluctuating ratio of retained earnings to revenue and SG&A expense ratio, both trending downward overall. Invest efficiency reveals an overall increasing trend in retained earnings on assets but with significant quarter-to-quarter volatility.  Earnings per share also show a fluctuating upward trend with significant shifts.