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 124.55 (%).Trend:Decrease 52.61% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 212.01 (%).Trend:Increase 70.22% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 82.82 (%).Trend:Decrease 60.94% than previous quarter

Overall: decreasing (-33.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 137.36 (%).Trend:Decrease 59.52% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 178.76 (%).Trend:Increase 30.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 62.06 (%).Trend:Decrease 65.28% than previous quarter

Overall: decreasing (-54.82%). 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 -478.51 (%).Trend:Decrease 54.71% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -886.01 (%).Trend:Increase 85.16% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -362.84 (%).Trend:Decrease 59.05% than previous quarter

Overall: increasing (-24.17%). 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 -58.69 (%).Trend:Increase 6.13% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -67.29 (%).Trend:Increase 14.65% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -72.14 (%).Trend:Increase 7.21% than previous quarter

Overall: decreasing (22.92%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.44 (USD).Trend:Increase 17.87% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.65 (USD).Trend:Decrease 73.36% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 36.92% than previous quarter

Overall: increasing (-63.52%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant fluctuations in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue decreased overall, but fluctuated significantly, with increases in Q1 2022 and decreases in the other quarters.  Current assets on revenue also decreased overall and showed substantial fluctuations. The ratio of retained earnings to revenue showed an overall increasing trend, but with considerable variance between quarters. Retained earnings on assets were decreasing, though with significant quarter-to-quarter variation. Earnings per share also showed an increasing trend, but with significant fluctuations.