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 450.57 (%).Trend:Decrease 38.82% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 1069.88 (%).Trend:Increase 137.45% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 561.86 (%).Trend:Decrease 47.48% than previous quarter

Overall: increasing (24.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 302.04 (%).Trend:Decrease 37.73% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 759.64 (%).Trend:Increase 151.5% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 387.39 (%).Trend:Decrease 49.0% than previous quarter

Overall: increasing (28.26%). 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 -2146.71 (%).Trend:Decrease 36.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -6006.63 (%).Trend:Increase 179.81% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -3059.46 (%).Trend:Decrease 49.07% than previous quarter

Overall: decreasing (42.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 113.38 (%).Trend:Decrease 6.71% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 109.04 (%).Trend:Decrease 3.83% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 111.41 (%).Trend:Increase 2.17% than previous quarter

Overall: decreasing (-1.74%). Fluctuation: **Little** (low 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 -24.27 (%).Trend:Increase 2.36% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -25.53 (%).Trend:Increase 5.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -26.11 (%).Trend:Increase 2.27% than previous quarter

Overall: decreasing (7.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q3 2021 to Q2 2022 shows substantial shifts. Working capital efficiency displays large fluctuations, with both liabilities and current assets on revenue rising overall, but exhibiting considerable volatility. Cost efficiency shows a significant negative trend in the retained earnings to revenue ratio. The SG&A expense ratio shows a slight decrease with low variation. Investment efficiency reveals a consistent downward trend in retained earnings on assets.