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 55.26 (%).Trend:Decrease 29.64% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 137.04 (%).Trend:Increase 147.99% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 63.21 (%).Trend:Decrease 53.87% than previous quarter

Overall: increasing (14.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 26.07 (%).Trend:Decrease 28.5% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 70.86 (%).Trend:Increase 171.81% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 38.05 (%).Trend:Decrease 46.3% than previous quarter

Overall: increasing (45.95%). 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 -303.2 (%).Trend:Decrease 40.78% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -433.9 (%).Trend:Increase 43.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -171.88 (%).Trend:Decrease 60.39% than previous quarter

Overall: increasing (-43.31%). 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 -156.64 (%).Trend:Decrease 12.8% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -97.83 (%).Trend:Decrease 37.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -78.88 (%).Trend:Decrease 19.37% than previous quarter

Overall: increasing (-49.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.97 (USD).Trend:Decrease 9.17% than previous quarter
Year 2022 Quarter 1: Earning Per Share -2.92 (USD).Trend:Decrease 1.68% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 106.16% than previous quarter

Overall: increasing (-106.06%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show substantial fluctuation in key metrics. Working capital efficiency, measured by liabilities and current assets relative to revenue, displays significant volatility with overall increases. Cost efficiency, using the retained earnings ratio, shows an increase despite substantial quarter-to-quarter variation. Investment efficiency and earnings per share also exhibit similar volatility with an increase overall. The data suggests a period of significant instability, demanding careful financial analysis and management.