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 52.5 (%).Trend:Decrease 36.01% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 139.06 (%).Trend:Increase 164.88% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 63.13 (%).Trend:Decrease 54.6% than previous quarter

Overall: increasing (20.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 53.41 (%).Trend:Decrease 37.89% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 177.08 (%).Trend:Increase 231.55% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 88.92 (%).Trend:Decrease 49.79% than previous quarter

Overall: increasing (66.49%). 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 -178.15 (%).Trend:Decrease 32.24% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -564.58 (%).Trend:Increase 216.91% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -277.66 (%).Trend:Decrease 50.82% than previous quarter

Overall: decreasing (55.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.78 (%).Trend:Increase 12.76% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.17 (%).Trend:Decrease 17.11% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.31 (%).Trend:Decrease 6.85% than previous quarter

Overall: decreasing (-22.79%). 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 -82.16 (%).Trend:Increase 5.74% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -84.69 (%).Trend:Increase 3.08% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -87.32 (%).Trend:Increase 3.11% than previous quarter

Overall: decreasing (6.28%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2021 to Q2 2022 data reveals significant fluctuations in key metrics. Liabilities and current assets on revenue increased overall by 20.25% and 66.49%, respectively, with substantial quarter-to-quarter variation.  The ratio of retained earnings to revenue decreased by 55.86%, demonstrating significant volatility.  In contrast, the SG&A expense ratio decreased by 22.79% with moderate fluctuation. Retained earnings on assets also decreased by 6.28% with significant variation.