Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 99.52 (%).Trend:Increase 310.22% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 45.78 (%).Trend:Decrease 54.0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.34 (%).Trend:Increase 29.62% than previous quarter

Overall: decreasing (-40.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 302.3 (%).Trend:Increase 236.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 152.56 (%).Trend:Decrease 49.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 132.18 (%).Trend:Decrease 13.36% than previous quarter

Overall: decreasing (-56.28%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 14.87 (%).Trend:Decrease 71.85% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.11 (%).Trend:Decrease 72.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 5.04 (%).Trend:Increase 22.63% than previous quarter

Overall: decreasing (-66.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.8 (%).Trend:Increase 22.26% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.73 (%).Trend:Increase 11.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.31 (%).Trend:Decrease 4.81% than previous quarter

Overall: increasing (6.54%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 2.53 (%).Trend:Decrease 89.56% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 1.35 (%).Trend:Decrease 46.64% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.22 (%).Trend:Increase 64.44% than previous quarter

Overall: decreasing (-12.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 98.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.45 (USD).Trend:Increase 650.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.07 (USD).Trend:Decrease 84.44% than previous quarter

Overall: decreasing (16.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2021 to Q1 2022 reveal significant volatility. Working capital metrics (liabilities and current assets) show an overall increase but substantial quarter-to-quarter variations.  Cost efficiency, indicated by the ratio of retained earnings to revenue, demonstrates an overall increase with high volatility. SG&A expenses show a modest upward trend, but with little quarter-to-quarter fluctuation. Investment efficiency and earnings per share demonstrate substantial changes and significant variation.