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 29.95 (%).Trend:Decrease 31.67% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 85.79 (%).Trend:Increase 186.44% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.45 (%).Trend:Decrease 52.85% than previous quarter

Overall: increasing (35.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 24.67 (%).Trend:Decrease 34.74% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 75.17 (%).Trend:Increase 204.7% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 32.57 (%).Trend:Decrease 56.67% than previous quarter

Overall: increasing (32.02%). 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 -37.75 (%).Trend:Decrease 34.67% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -123.57 (%).Trend:Increase 227.34% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -65.35 (%).Trend:Decrease 47.11% than previous quarter

Overall: decreasing (73.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.38 (%).Trend:Increase 1.48% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.65 (%).Trend:Increase 8.29% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.04 (%).Trend:Increase 1.32% than previous quarter

Overall: increasing (9.72%). 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 -30.89 (%).Trend:Increase 0.55% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -33.21 (%).Trend:Increase 7.51% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -36.86 (%).Trend:Increase 10.99% than previous quarter

Overall: decreasing (19.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.84 (USD).Trend:Decrease 11.58% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 97.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.41 (USD).Trend:Increase 1950.0% than previous quarter

Overall: increasing (-51.19%). Fluctuation: **Significant** (high variation).



Q3 2021 to Q2 2022 financial data shows significant volatility in nearly all areas. Working capital efficiency exhibits increases in both liabilities and current assets, but with large quarterly shifts. Cost efficiency displays significant declines in the retained earnings ratio.  SG&A expense ratio trended slightly upward, suggesting a somewhat consistent cost structure. Investment efficiency shows pronounced variability in retained earnings. Earnings per share remained negative but improved in Q2 2022. Overall, the period suggests a company navigating substantial financial instability, requiring more in-depth analysis.