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 124.55 (%).Trend:Decrease 52.61% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 212.01 (%).Trend:Increase 70.22% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 82.82 (%).Trend:Decrease 60.94% than previous quarter

Overall: decreasing (-33.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 137.36 (%).Trend:Decrease 59.52% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 178.76 (%).Trend:Increase 30.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 62.06 (%).Trend:Decrease 65.28% than previous quarter

Overall: decreasing (-54.82%). 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 -478.51 (%).Trend:Decrease 54.71% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -886.01 (%).Trend:Increase 85.16% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -362.84 (%).Trend:Decrease 59.05% than previous quarter

Overall: increasing (-24.17%). 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 -58.69 (%).Trend:Increase 6.13% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -67.29 (%).Trend:Increase 14.65% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -72.14 (%).Trend:Increase 7.21% than previous quarter

Overall: decreasing (22.92%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.44 (USD).Trend:Increase 17.87% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.65 (USD).Trend:Decrease 73.36% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 36.92% than previous quarter

Overall: increasing (-63.52%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2021 to Q2 2022 shows significant volatility across key metrics. Working capital efficiency demonstrates decreasing trends in both liabilities (-33.5%) and current assets (-54.82%), though with marked quarter-to-quarter fluctuations. Cost efficiency, as measured by the retained earnings to revenue ratio, showed an overall increasing trend (-24.17%) but with considerable variation. Investment efficiency (retained earnings on assets) decreased by 22.92% overall, displaying significant volatility.  Earnings per share also exhibited significant fluctuations, increasing overall by -63.52%.