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 90.54 (%).Trend:Decrease 24.8% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 203.02 (%).Trend:Increase 124.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.1 (%).Trend:Decrease 76.31% than previous quarter

Overall: decreasing (-46.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 98.79 (%).Trend:Decrease 18.07% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 292.24 (%).Trend:Increase 195.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 157.41 (%).Trend:Decrease 46.14% than previous quarter

Overall: increasing (59.34%). 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 -686.21 (%).Trend:Decrease 36.23% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -1541.17 (%).Trend:Increase 124.59% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -738.47 (%).Trend:Decrease 52.08% than previous quarter

Overall: decreasing (7.62%). 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 -376.88 (%).Trend:Decrease 21.09% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -208.59 (%).Trend:Decrease 44.65% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -194.51 (%).Trend:Decrease 6.75% than previous quarter

Overall: increasing (-48.39%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.65 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 130.77% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.38 (USD).Trend:Increase 90.0% than previous quarter

Overall: increasing (-158.46%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 reveal significant fluctuations in working capital efficiency. Liabilities on revenue show a substantial decrease, followed by increases and decreases, while current assets on revenue trend upward with volatility. Cost efficiency shows a continuing decrease in the ratio of retained earnings to revenue across the three quarters. Invest efficiency exhibits a steady decreasing trend in retained earnings on assets with fluctuation. Earning per share shows a substantial increase.