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 29.17 (%).Trend:Decrease 34.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 82.04 (%).Trend:Increase 181.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.16 (%).Trend:Decrease 51.05% than previous quarter

Overall: increasing (37.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 7.83 (%).Trend:Decrease 34.59% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 23.79 (%).Trend:Increase 203.83% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 12.93 (%).Trend:Decrease 45.65% than previous quarter

Overall: increasing (65.13%). 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 -24.68 (%).Trend:Decrease 33.15% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -55.62 (%).Trend:Increase 125.36% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -32.38 (%).Trend:Decrease 41.78% than previous quarter

Overall: decreasing (31.2%). 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 -23.58 (%).Trend:Increase 0.43% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -19.8 (%).Trend:Decrease 16.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -22.72 (%).Trend:Increase 14.75% than previous quarter

Overall: increasing (-3.65%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 1.74 (USD).Trend:Increase 1.75% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.85 (USD).Trend:Decrease 51.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.13 (USD).Trend:Decrease 84.71% than previous quarter

Overall: decreasing (-92.53%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 financial statements reveals considerable volatility.  Liabilities on revenue increased overall, but with substantial fluctuations. Current assets on revenue also showed an upward trend, but with substantial quarter-to-quarter changes.  The retained earnings-to-revenue ratio decreased overall, but with significant fluctuations between quarters. Investment efficiency displayed a slight overall increase despite fluctuations. Earnings per share exhibited a significant overall decrease, showing large quarter-to-quarter variations.