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 44.69 (%).Trend:Decrease 29.89% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 128.18 (%).Trend:Increase 186.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 58.42 (%).Trend:Decrease 54.42% than previous quarter

Overall: increasing (30.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 137.42 (%).Trend:Decrease 33.39% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 381.58 (%).Trend:Increase 177.67% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 180.85 (%).Trend:Decrease 52.6% than previous quarter

Overall: increasing (31.6%). 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 -127.73 (%).Trend:Decrease 29.82% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -354.2 (%).Trend:Increase 177.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -182.27 (%).Trend:Decrease 48.54% than previous quarter

Overall: decreasing (42.7%). 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 -33.96 (%).Trend:Increase 7.54% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -34.81 (%).Trend:Increase 2.5% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -37.22 (%).Trend:Increase 6.92% than previous quarter

Overall: decreasing (9.6%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.55 (USD).Trend:Increase 56.57% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.41 (USD).Trend:Decrease 73.55% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.85 (USD).Trend:Increase 107.32% than previous quarter

Overall: increasing (-45.16%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2021 to Q2 2022, liabilities and current assets on revenue increased, indicating improved working capital, though with high volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, worsened significantly. Retained earnings on assets also decreased. Earnings per share showed significant fluctuations.