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 28.93 (%).Trend:Decrease 43.32% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 82.49 (%).Trend:Increase 185.14% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 51.46 (%).Trend:Decrease 37.62% than previous quarter

Overall: increasing (77.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 214.46 (%).Trend:Decrease 37.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 609.05 (%).Trend:Increase 183.99% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 290.8 (%).Trend:Decrease 52.25% than previous quarter

Overall: increasing (35.6%). 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 -243.51 (%).Trend:Decrease 34.79% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -791.06 (%).Trend:Increase 224.86% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -423.47 (%).Trend:Decrease 46.47% than previous quarter

Overall: decreasing (73.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.09 (%).Trend:Decrease 4.55% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 58.23 (%).Trend:Increase 7.65% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 63.73 (%).Trend:Increase 9.45% than previous quarter

Overall: increasing (17.82%). 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 -85.29 (%).Trend:Increase 0.73% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -90.28 (%).Trend:Increase 5.85% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -96.87 (%).Trend:Increase 7.3% than previous quarter

Overall: decreasing (13.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.36 (USD).Trend:Increase 71.43% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.38 (USD).Trend:Increase 5.56% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.94 (USD).Trend:Increase 147.37% than previous quarter

Overall: decreasing (161.11%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, liabilities on revenue and current assets on revenue both increased significantly, with substantial fluctuations. The ratio of retained earnings to revenue showed a large overall decrease with high variability.  The SG&A expense ratio increased considerably.  Retained earnings on assets decreased, and earnings per share also experienced a substantial decline.