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 37.91 (%).Trend:Decrease 41.7% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 135.42 (%).Trend:Increase 257.21% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 61.04 (%).Trend:Decrease 54.93% than previous quarter

Overall: increasing (61.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 30.78 (%).Trend:Decrease 37.11% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 108.4 (%).Trend:Increase 252.18% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 53.56 (%).Trend:Decrease 50.59% than previous quarter

Overall: increasing (74.01%). 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 -16.58 (%).Trend:Decrease 46.13% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -51.92 (%).Trend:Increase 213.15% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -15.97 (%).Trend:Decrease 69.24% than previous quarter

Overall: increasing (-3.68%). 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 -22.47 (%).Trend:Decrease 12.5% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -24.01 (%).Trend:Increase 6.85% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -17.01 (%).Trend:Decrease 29.15% than previous quarter

Overall: increasing (-24.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.55 (USD).Trend:Decrease 48.5% than previous quarter
Year 2022 Quarter 1: Earning Per Share -2.31 (USD).Trend:Increase 49.03% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.2 (USD).Trend:Decrease 108.66% than previous quarter

Overall: increasing (-112.9%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show substantial volatility in several key financial ratios. Liabilities and current assets on revenue, exhibited dramatic increases and decreases across the three quarters. The ratio of retained earnings to revenue and retained earnings on assets also fluctuated considerably. Earnings per share showed erratic increases and decreases, indicating high variability across the periods.  Overall trends suggest upward movement but with substantial fluctuations, requiring further investigation to understand the underlying drivers.