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 46.15 (%).Trend:Decrease 26.91% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 130.78 (%).Trend:Increase 183.38% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 61.95 (%).Trend:Decrease 52.63% than previous quarter

Overall: increasing (34.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 57.43 (%).Trend:Decrease 27.63% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 174.74 (%).Trend:Increase 204.27% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 88.12 (%).Trend:Decrease 49.57% than previous quarter

Overall: increasing (53.44%). 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 -42.19 (%).Trend:Decrease 35.76% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -108.51 (%).Trend:Increase 157.19% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -47.56 (%).Trend:Decrease 56.17% than previous quarter

Overall: decreasing (12.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.84 (%).Trend:Increase 5.97% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.89 (%).Trend:Increase 3.2% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.57 (%).Trend:Decrease 3.89% than previous quarter

Overall: decreasing (-0.82%). 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 -18.82 (%).Trend:Decrease 4.56% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -16.54 (%).Trend:Decrease 12.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -15.02 (%).Trend:Decrease 9.19% than previous quarter

Overall: increasing (-20.19%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency reveals significant fluctuation in both liabilities and current assets on revenue. Liabilities on revenue decreased in Q3 2021, increased dramatically in Q1 2022, and then decreased again in Q2 2022. Current assets followed a similar pattern. Cost efficiency displays a significant decrease in the ratio of retained earnings to revenue. The SG&A expense ratio shows a slight decreasing trend.  Investment efficiency shows a negative trend in retained earnings on assets with considerable variation.  Overall, the financial performance during this period exhibits notable volatility.