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 34.09 (%).Trend:Decrease 29.83% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 156.44 (%).Trend:Increase 358.9% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 83.29 (%).Trend:Decrease 46.76% than previous quarter

Overall: increasing (144.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 68.62 (%).Trend:Decrease 46.95% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 441.14 (%).Trend:Increase 542.87% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 212.34 (%).Trend:Decrease 51.87% than previous quarter

Overall: increasing (209.44%). 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 -184.88 (%).Trend:Decrease 34.18% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -705.44 (%).Trend:Increase 281.57% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -345.79 (%).Trend:Decrease 50.98% than previous quarter

Overall: decreasing (87.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.23 (%).Trend:Decrease 0.44% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.88 (%).Trend:Increase 5.79% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.73 (%).Trend:Decrease 1.26% than previous quarter

Overall: increasing (4.45%). 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 -49.75 (%).Trend:Increase 0.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -50.88 (%).Trend:Increase 2.27% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -51.32 (%).Trend:Increase 0.86% than previous quarter

Overall: decreasing (3.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 11.35 (USD).Trend:Increase 9.56% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 91.63% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.51 (USD).Trend:Increase 164.21% than previous quarter

Overall: decreasing (-77.89%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased dramatically in Q1 2022, then decreased in Q2 2022, while current assets on revenue exhibited similar volatile behavior.  Cost efficiency, as measured by the ratio of retained earnings to revenue, saw a large decrease in Q1 2022 and then a further decrease in Q2 2022.  SG&A expense ratios had a small overall increase, but with some quarterly changes.  Investment efficiency, as seen by retained earnings on assets, was consistently decreasing but with less volatility than other areas. Earnings per share also fluctuated significantly, declining sharply in Q1 2022.