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 1191001700.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 2248197900.0 (%).Trend:Increase 88.77% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 2257751700.0 (%).Trend:Increase 0.42% than previous quarter

Overall: increasing (89.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 5185030900.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 5868256500.0 (%).Trend:Increase 13.18% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 4195606400.0 (%).Trend:Decrease 28.5% than previous quarter

Overall: decreasing (-19.08%). Fluctuation: **Neutral** (moderate 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 -13302472800.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -12422097400.0 (%).Trend:Decrease 6.62% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -12441253700.0 (%).Trend:Increase 0.15% than previous quarter

Overall: increasing (-6.47%). 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 -44.72 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -29.71 (%).Trend:Decrease 33.56% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -29.29 (%).Trend:Decrease 1.41% than previous quarter

Overall: increasing (-34.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.6 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.35 (USD).Trend:Decrease 158.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.34 (USD).Trend:Decrease 197.14% than previous quarter

Overall: increasing (-43.33%). Fluctuation: **Significant** (high variation).



The analysis covers Q3 2021 to Q2 2022, revealing mixed trends. Liabilities on Revenue increased significantly overall (89.57%) with high fluctuation. Current assets on Revenue decreased (-19.08%) with moderate fluctuation. Cost efficiency, measured by the Ratio of Retained Earnings to Revenue, showed an increasing trend (-6.47%) with significant variation. Invest Efficiency, assessed by Retained Earning on Assets, decreased (-34.5%) with significant fluctuation. Finally, Earning Per Share increased (-43.33%) also with significant fluctuation. These results suggest potential challenges in converting assets into revenue and maintaining profitability, despite increasing liabilities. Further investigation into the drivers of these fluctuations is warranted.