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 27.5 (%).Trend:Decrease 32.12% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 81.62 (%).Trend:Increase 196.8% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 41.48 (%).Trend:Decrease 49.18% than previous quarter

Overall: increasing (50.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 122.42 (%).Trend:Decrease 42.05% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 327.82 (%).Trend:Increase 167.78% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 147.98 (%).Trend:Decrease 54.86% than previous quarter

Overall: increasing (20.88%). 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 -76.51 (%).Trend:Decrease 38.24% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -176.24 (%).Trend:Increase 130.35% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -81.93 (%).Trend:Decrease 53.51% than previous quarter

Overall: decreasing (7.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51.95 (%).Trend:Increase 0.29% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 64.62 (%).Trend:Increase 24.39% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 55.68 (%).Trend:Decrease 13.83% than previous quarter

Overall: increasing (7.18%). 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 -31.16 (%).Trend:Decrease 6.37% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -25.53 (%).Trend:Decrease 18.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -28.13 (%).Trend:Increase 10.18% than previous quarter

Overall: increasing (-9.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.03 (USD).Trend:Increase 30.38% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 85.44% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.03 (USD).Trend:Decrease 120.0% than previous quarter

Overall: decreasing (-102.91%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 shows significant fluctuations across key metrics. Liabilities on Revenue and Current Assets on Revenue increased overall but displayed substantial quarter-to-quarter variation.  The Ratio of Retained Earnings to Revenue decreased overall with significant fluctuation. SG&A Expense Ratio showed a slight overall increase with moderate fluctuation. Retained Earnings on Assets showed an overall increase, while Earnings Per Share drastically decreased.