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 143.19 (%).Trend:Decrease 21.33% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 471.17 (%).Trend:Increase 229.05% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 265.42 (%).Trend:Decrease 43.67% than previous quarter

Overall: increasing (85.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 1306.14 (%).Trend:Decrease 38.16% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 3688.51 (%).Trend:Increase 182.4% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 1514.78 (%).Trend:Decrease 58.93% than previous quarter

Overall: increasing (15.97%). 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 -7769.46 (%).Trend:Decrease 31.1% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -28036.55 (%).Trend:Increase 260.86% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -13740.92 (%).Trend:Decrease 50.99% than previous quarter

Overall: decreasing (76.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 148.73 (%).Trend:Increase 0.24% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 195.04 (%).Trend:Increase 31.14% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 192.61 (%).Trend:Decrease 1.25% than previous quarter

Overall: increasing (29.5%). 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 -529.8 (%).Trend:Increase 10.59% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -666.7 (%).Trend:Increase 25.84% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -783.66 (%).Trend:Increase 17.54% than previous quarter

Overall: decreasing (47.92%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2021 to Q2 2022 data indicates significant volatility in working capital efficiency and cost efficiency.  Liabilities on revenue and current assets on revenue increased, but with substantial quarter-to-quarter swings. The ratio of retained earnings to revenue decreased significantly, also with high variation.  The SG&A expense ratio showed a moderate increase.  Retained earnings on assets decreased considerably, reflecting significant fluctuations.  These findings highlight the need for improved financial stability.