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 45.06 (%).Trend:Decrease 35.69% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 290.92 (%).Trend:Increase 545.63% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 122.82 (%).Trend:Decrease 57.78% than previous quarter

Overall: increasing (172.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 47.89 (%).Trend:Decrease 23.44% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 152.29 (%).Trend:Increase 218.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.02 (%).Trend:Decrease 56.65% than previous quarter

Overall: increasing (37.86%). 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 -117.8 (%).Trend:Decrease 43.72% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -100.2 (%).Trend:Decrease 14.94% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -41.87 (%).Trend:Decrease 58.21% than previous quarter

Overall: increasing (-64.46%). 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 -110.73 (%).Trend:Decrease 15.01% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -14.96 (%).Trend:Decrease 86.49% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -15.5 (%).Trend:Increase 3.61% than previous quarter

Overall: increasing (-86.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.28 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 42.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.09 (USD).Trend:Decrease 43.75% than previous quarter

Overall: decreasing (-67.86%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022 data highlights considerable fluctuations.  Liabilities and current assets on revenue both increased, with substantial variation.  While the ratio of retained earnings to revenue and retained earnings on assets improved, significant volatility persists.  Earnings per share declined noticeably, indicating a need for further investigation.