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


Financial data from Q3 2021 to Q2 2022 shows significant fluctuation in key metrics.  Working capital efficiency improved, with both liabilities and current assets on revenue increasing, although with high variability. However, cost efficiency remains a serious issue, as the ratio of retained earnings to revenue decreased considerably.  Investment efficiency is also weak, with retained earnings on assets declining.  Earnings per share data is absent.