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 103.43 (%).Trend:Increase 74.77% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 68.7 (%).Trend:Decrease 33.58% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 61.36 (%).Trend:Decrease 10.68% than previous quarter

Overall: decreasing (-40.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 704.07 (%).Trend:Decrease 25.38% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 1680.47 (%).Trend:Increase 138.68% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 564.73 (%).Trend:Decrease 66.39% than previous quarter

Overall: decreasing (-19.79%). 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 -650.97 (%).Trend:Decrease 19.55% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -556.93 (%).Trend:Decrease 14.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -342.5 (%).Trend:Decrease 38.5% than previous quarter

Overall: increasing (-47.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 74.14 (%).Trend:Increase 7.68% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.38 (%).Trend:Decrease 54.98% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.23 (%).Trend:Increase 5.54% than previous quarter

Overall: decreasing (-52.48%). Fluctuation: **Significant** (high 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 -87.94 (%).Trend:Increase 7.89% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -31.81 (%).Trend:Decrease 63.83% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -58.26 (%).Trend:Increase 83.15% than previous quarter

Overall: increasing (-33.75%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2021 to Q2 2022 data reveals significant fluctuations in key financial metrics. Liabilities on revenue decreased 40.67%, while current assets on revenue decreased 19.79%.  The ratio of retained earnings to revenue increased (in absolute value) by 47.39%, showcasing improvement. The SG&A expense ratio decreased by 52.48%. Retained earnings on assets increased (in absolute value) by 33.75%.  High variability characterizes all trends.