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 59.39 (%).Trend:Decrease 31.81% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 223.07 (%).Trend:Increase 275.6% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 124.18 (%).Trend:Decrease 44.33% than previous quarter

Overall: increasing (109.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 127.62 (%).Trend:Decrease 36.33% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 369.89 (%).Trend:Increase 189.84% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 185.97 (%).Trend:Decrease 49.72% than previous quarter

Overall: increasing (45.72%). 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 -81.53 (%).Trend:Decrease 24.6% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -303.84 (%).Trend:Increase 272.67% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -165.67 (%).Trend:Decrease 45.47% than previous quarter

Overall: decreasing (103.2%). 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 -27.7 (%).Trend:Increase 16.68% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -35.53 (%).Trend:Increase 28.27% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -39.84 (%).Trend:Increase 12.13% than previous quarter

Overall: decreasing (43.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.48 (USD).Trend:Increase 66.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.58 (USD).Trend:Decrease 60.81% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.11 (USD).Trend:Increase 91.38% than previous quarter

Overall: increasing (-25.0%). Fluctuation: **Significant** (high variation).



The financial data from Quarter 3 2021 to Quarter 2 2022 shows substantial volatility across key metrics. Working capital efficiency, as indicated by liabilities and current assets on revenue, fluctuated significantly. Cost efficiency, as measured by the ratio of retained earnings to revenue, is decreasing. Investment efficiency also shows a negative trend, with notable increases and decreases. Earning per share displays significant variation.  These fluctuations highlight the need for a more in-depth analysis to understand the underlying causes.