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 45.91 (%).Trend:Decrease 34.29% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 141.28 (%).Trend:Increase 207.73% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 61.93 (%).Trend:Decrease 56.17% than previous quarter

Overall: increasing (34.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 71.1 (%).Trend:Decrease 38.68% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 167.38 (%).Trend:Increase 135.41% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 81.07 (%).Trend:Decrease 51.57% than previous quarter

Overall: increasing (14.02%). 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 -16.81 (%).Trend:Decrease 47.83% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -42.83 (%).Trend:Increase 154.79% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -16.75 (%).Trend:Decrease 60.89% than previous quarter

Overall: increasing (-0.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.59 (%).Trend:Decrease 0.3% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.03 (%).Trend:Decrease 4.26% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.49 (%).Trend:Increase 1.31% than previous quarter

Overall: decreasing (-3.01%). 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 -4.62 (%).Trend:Decrease 23.38% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -4.01 (%).Trend:Decrease 13.2% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.26 (%).Trend:Decrease 18.7% than previous quarter

Overall: increasing (-29.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.64 (USD).Trend:Increase 82.86% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 89.06% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.24 (USD).Trend:Increase 242.86% than previous quarter

Overall: decreasing (-62.5%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize the financial data from Q3 2021 to Q2 2022. Liabilities and current assets on revenue both increased overall despite substantial quarter-to-quarter variations.  While the SG&A expense ratio demonstrated a slight overall decrease, the ratio of retained earnings to revenue and retained earnings on assets both saw overall increases (negatively), indicating consistent losses.  Earnings per share experienced a significant overall decline.