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 35.02 (%).Trend:Decrease 23.9% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 86.92 (%).Trend:Increase 148.2% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.15 (%).Trend:Decrease 42.3% than previous quarter

Overall: increasing (43.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 32.98 (%).Trend:Decrease 21.72% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 127.07 (%).Trend:Increase 285.29% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 57.77 (%).Trend:Decrease 54.54% than previous quarter

Overall: increasing (75.17%). 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 -6.38 (%).Trend:Decrease 47.27% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -29.28 (%).Trend:Increase 358.93% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -14.84 (%).Trend:Decrease 49.32% than previous quarter

Overall: decreasing (132.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.19 (%).Trend:Decrease 6.17% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.11 (%).Trend:Increase 38.47% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.31 (%).Trend:Decrease 19.84% than previous quarter

Overall: increasing (10.99%). Fluctuation: **Neutral** (moderate 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 -8.64 (%).Trend:Decrease 21.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -10.39 (%).Trend:Increase 20.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -12.56 (%).Trend:Increase 20.89% than previous quarter

Overall: decreasing (45.37%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 200.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.15 (USD).Trend:Decrease 287.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.54 (USD).Trend:Increase 260.0% than previous quarter

Overall: decreasing (-775.0%). Fluctuation: **Significant** (high variation).



Analyzing data from Q3 2021 to Q2 2022 reveals a complex financial picture. Liabilities on Revenue increased overall (43.2%) but with significant fluctuation. Current assets on Revenue also increased (75.17%) with similar volatility. Cost efficiency is marked by a decreasing Ratio of Retained Earnings to Revenue (-132.6%) and significant fluctuation. SG&A Expense Ratio showed a modest increase (10.99%) with neutral variation. Investment efficiency, measured by Retained Earning on Assets, decreased (-45.37%) with significant fluctuation. Earnings Per Share experienced a dramatic decrease (-775.0%) and significant fluctuation. The data points to a period of instability and declining profitability.