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 65.59 (%).Trend:Decrease 32.63% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 191.88 (%).Trend:Increase 192.54% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 89.75 (%).Trend:Decrease 53.23% than previous quarter

Overall: increasing (36.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 45.03 (%).Trend:Decrease 28.99% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 132.8 (%).Trend:Increase 194.91% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 63.22 (%).Trend:Decrease 52.39% than previous quarter

Overall: increasing (40.4%). 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 -15.42 (%).Trend:Decrease 57.21% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 45.54 (%).Trend:Decrease 395.33% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 34.4 (%).Trend:Decrease 24.46% than previous quarter

Overall: increasing (-323.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.08 (%).Trend:Decrease 4.45% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.64 (%).Trend:Decrease 24.21% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.73 (%).Trend:Increase 1.18% than previous quarter

Overall: decreasing (-23.31%). 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 -6.73 (%).Trend:Decrease 33.5% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 7.09 (%).Trend:Decrease 205.35% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 11.52 (%).Trend:Increase 62.48% than previous quarter

Overall: increasing (-271.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.23 (USD).Trend:Decrease 50.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -2.23 (USD).Trend:Increase 81.3% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 108.52% than previous quarter

Overall: increasing (-115.45%). Fluctuation: **Significant** (high variation).



Working capital efficiency reveals substantial quarter-to-quarter variability in liabilities and current assets relative to revenue. Liabilities on revenue rose sharply in Q1 2022, then fell significantly. Current assets showed a similar pattern, peaking in Q1 2022 and decreasing in subsequent quarters.  Cost efficiency data indicates a general decline in the SG&A expense ratio, but with notable fluctuations.  Investment efficiency presents high variability in retained earnings on assets.  Earning per share experienced large, inconsistent changes.