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 56.87 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 168.78 (%).Trend:Increase 196.78% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 81.53 (%).Trend:Decrease 51.69% than previous quarter

Overall: increasing (43.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 62.57 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 181.54 (%).Trend:Increase 190.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 87.91 (%).Trend:Decrease 51.58% than previous quarter

Overall: increasing (40.5%). 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 -4.84 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -20.72 (%).Trend:Increase 328.1% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -10.91 (%).Trend:Decrease 47.35% than previous quarter

Overall: decreasing (125.41%). 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 -4.04 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -5.92 (%).Trend:Increase 46.53% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -6.31 (%).Trend:Increase 6.59% than previous quarter

Overall: decreasing (56.19%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.52 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 17.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.73 (USD).Trend:Increase 69.77% than previous quarter

Overall: increasing (40.38%). Fluctuation: **Significant** (high variation).



Working capital efficiency is highly volatile. Liabilities on revenue increased significantly in Q1 2022 before decreasing in the subsequent quarters.  Current assets on revenue followed a similar volatile pattern.  Cost efficiency, measured by the ratio of retained earnings to revenue, is decreasing overall, with substantial variation. Investment efficiency, as measured by retained earnings on assets, is also decreasing. Finally, earnings per share are fluctuating, increasing in Q2 and Q3 2022.