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 57.35 (%).Trend:Decrease 35.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 118.74 (%).Trend:Increase 107.04% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 60.0 (%).Trend:Decrease 49.47% than previous quarter

Overall: increasing (4.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 127.27 (%).Trend:Decrease 40.54% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 286.95 (%).Trend:Increase 125.47% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 127.68 (%).Trend:Decrease 55.5% than previous quarter

Overall: increasing (0.32%). 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 -240.5 (%).Trend:Decrease 31.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -514.2 (%).Trend:Increase 113.8% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -257.59 (%).Trend:Decrease 49.9% than previous quarter

Overall: decreasing (7.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.61 (%).Trend:Decrease 2.97% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.67 (%).Trend:Decrease 23.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.69 (%).Trend:Decrease 3.42% than previous quarter

Overall: decreasing (-26.38%). Fluctuation: **Neutral** (moderate 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 -52.5 (%).Trend:Increase 12.52% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -56.59 (%).Trend:Increase 7.79% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -61.82 (%).Trend:Increase 9.24% than previous quarter

Overall: decreasing (17.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.37 (USD).Trend:Increase 46.3% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 105.49% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.46 (USD).Trend:Decrease 453.85% than previous quarter

Overall: increasing (-80.59%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 reveals considerable volatility. Liabilities on revenue demonstrate an increase, though with significant fluctuations, including a sharp increase then decline.  Current assets on revenue also display an overall increase but with significant fluctuations. Cost efficiency, reflected in the SG&A expense ratio, shows a consistent decline but with moderate variations.  The ratio of retained earnings to revenue decreases overall, yet with large quarter-to-quarter shifts. Invest efficiency, as measured by retained earnings on assets, shows a consistent downward trend with considerable fluctuation. Earnings per share display a highly variable pattern, oscillating between increases and decreases.