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 46.24 (%).Trend:Decrease 31.89% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 127.84 (%).Trend:Increase 176.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 66.29 (%).Trend:Decrease 48.15% than previous quarter

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

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 123.26 (%).Trend:Decrease 33.05% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 319.7 (%).Trend:Increase 159.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 155.51 (%).Trend:Decrease 51.36% than previous quarter

Overall: increasing (26.16%). 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 -52.06 (%).Trend:Decrease 31.19% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -143.15 (%).Trend:Increase 174.97% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -66.14 (%).Trend:Decrease 53.8% than previous quarter

Overall: decreasing (27.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.24 (%).Trend:Decrease 0.75% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.18 (%).Trend:Decrease 11.95% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.53 (%).Trend:Decrease 4.28% than previous quarter

Overall: decreasing (-15.72%). 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 -21.8 (%).Trend:Increase 3.76% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -23.2 (%).Trend:Increase 6.42% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -22.33 (%).Trend:Decrease 3.75% than previous quarter

Overall: decreasing (2.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.54 (USD).Trend:Increase 45.95% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 75.93% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.05 (USD).Trend:Decrease 138.46% than previous quarter

Overall: increasing (-109.26%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2021 to Q2 2022 shows a mixed picture of working capital and cost efficiency. Liabilities on revenue and current assets on revenue both increased significantly, then fluctuated substantially. Cost efficiency, as measured by the ratio of retained earnings to revenue, showed a substantial decline in all quarters. SG&A expense ratio displayed a steady decrease across the period, indicating good cost control. Invest efficiency, as measured by retained earnings on assets, exhibited a moderate decrease. Earnings per share had significant variations, with an increase followed by large decreases.