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 953.46 (%).Trend:Decrease 81.07% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 755.94 (%).Trend:Decrease 20.72% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 361.32 (%).Trend:Decrease 52.2% than previous quarter

Overall: decreasing (-62.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 757.86 (%).Trend:Decrease 85.94% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 299.93 (%).Trend:Decrease 60.42% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 109.79 (%).Trend:Decrease 63.39% than previous quarter

Overall: decreasing (-85.51%). 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 301.74 (%).Trend:Decrease 90.91% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -67.84 (%).Trend:Decrease 122.48% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -38.24 (%).Trend:Decrease 43.63% than previous quarter

Overall: decreasing (-112.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 157.67 (%).Trend:Decrease 73.05% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.2 (%).Trend:Decrease 76.41% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.6 (%).Trend:Decrease 36.56% than previous quarter

Overall: decreasing (-85.03%). Fluctuation: **Significant** (high 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 5.08 (%).Trend:Decrease 44.48% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -2.18 (%).Trend:Decrease 142.91% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.65 (%).Trend:Increase 67.43% than previous quarter

Overall: decreasing (-171.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -15.56 (USD).Trend:Increase 56.22% than previous quarter
Year 2022 Quarter 1: Earning Per Share -4.58 (USD).Trend:Decrease 70.57% than previous quarter
Year 2022 Quarter 2: Earning Per Share -6.63 (USD).Trend:Increase 44.76% than previous quarter

Overall: increasing (-57.39%). Fluctuation: **Significant** (high variation).



Financial statement analysis for Q3 2021 to Q2 2022 shows several metrics trending downwards.  Liabilities and current assets on revenue, the ratio of retained earnings to revenue, and the SG&A expense ratio all exhibit substantial negative growth. Investment efficiency, retained earnings on assets, and earnings per share also show substantial negative changes across the three quarters.  Significant fluctuations in performance are clearly present.