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 59.34 (%).Trend:Increase 29.62% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 105.17 (%).Trend:Increase 77.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.6 (%).Trend:Decrease 57.59% than previous quarter

Overall: decreasing (-24.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 132.18 (%).Trend:Decrease 13.36% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 274.03 (%).Trend:Increase 107.32% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 128.89 (%).Trend:Decrease 52.97% than previous quarter

Overall: decreasing (-2.49%). 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 5.04 (%).Trend:Increase 22.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 12.42 (%).Trend:Increase 146.43% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 2.17 (%).Trend:Decrease 82.53% than previous quarter

Overall: decreasing (-56.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.31 (%).Trend:Decrease 4.81% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.02 (%).Trend:Increase 8.54% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.22 (%).Trend:Decrease 8.87% than previous quarter

Overall: decreasing (-1.08%). 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 2.22 (%).Trend:Increase 64.44% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 2.45 (%).Trend:Increase 10.36% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 0.92 (%).Trend:Decrease 62.45% than previous quarter

Overall: decreasing (-58.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.07 (USD).Trend:Decrease 84.44% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 442.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.06 (USD).Trend:Decrease 125.0% than previous quarter

Overall: increasing (-14.29%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 highlight ongoing challenges. Liabilities on revenue, after a temporary increase, overall decreased, but with substantial quarter-to-quarter variability.  Current assets on revenue also trended downward, albeit with large fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, continues to decline with considerable fluctuations.  SG&A expense ratios show a slight overall decrease.  Investment efficiency, as measured by retained earnings on assets, continues the downward trend with significant volatility, and earnings per share show inconsistent movements.