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 450.57 (%).Trend:Decrease 38.82% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 1069.88 (%).Trend:Increase 137.45% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 561.86 (%).Trend:Decrease 47.48% than previous quarter

Overall: increasing (24.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 302.04 (%).Trend:Decrease 37.73% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 759.64 (%).Trend:Increase 151.5% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 387.39 (%).Trend:Decrease 49.0% than previous quarter

Overall: increasing (28.26%). 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 -2146.71 (%).Trend:Decrease 36.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -6006.63 (%).Trend:Increase 179.81% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -3059.46 (%).Trend:Decrease 49.07% than previous quarter

Overall: decreasing (42.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 113.38 (%).Trend:Decrease 6.71% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 109.04 (%).Trend:Decrease 3.83% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 111.41 (%).Trend:Increase 2.17% than previous quarter

Overall: decreasing (-1.74%). 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 -24.27 (%).Trend:Increase 2.36% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -25.53 (%).Trend:Increase 5.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -26.11 (%).Trend:Increase 2.27% than previous quarter

Overall: decreasing (7.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q3 2021 to Q2 2022 reveals significant fluctuations in working capital efficiency metrics. Liabilities on revenue saw a decrease in Q3 2021, followed by a substantial increase in Q1 2022 and then a decrease in Q2 2022. Current assets on revenue also displayed similar patterns, with decreases in Q3 2021 and Q2 2022 and an increase in Q1 2022.  Cost efficiency shows a decreasing trend in the ratio of retained earnings to revenue, while the SG&A expense ratio exhibited a slight overall decrease with little fluctuation. Investment efficiency, measured by retained earnings on assets, showed a negative overall trend with substantial variation.  Earning per share data is not available.