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 25.55 (%).Trend:Decrease 32.51% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 85.76 (%).Trend:Increase 235.66% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.56 (%).Trend:Decrease 56.2% than previous quarter

Overall: increasing (47.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 109.15 (%).Trend:Decrease 33.51% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 290.74 (%).Trend:Increase 166.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.27 (%).Trend:Decrease 54.16% than previous quarter

Overall: increasing (22.1%). 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 129.62 (%).Trend:Decrease 35.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 328.87 (%).Trend:Increase 153.72% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 157.67 (%).Trend:Decrease 52.06% than previous quarter

Overall: increasing (21.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.55 (%).Trend:Increase 4.24% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.43 (%).Trend:Decrease 8.92% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.35 (%).Trend:Decrease 0.7% than previous quarter

Overall: decreasing (-9.56%). 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 45.37 (%).Trend:Decrease 2.51% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 43.07 (%).Trend:Decrease 5.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 42.9 (%).Trend:Decrease 0.39% than previous quarter

Overall: decreasing (-5.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -3.58 (USD).Trend:Increase 30.66% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.31 (USD).Trend:Decrease 91.34% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.91 (USD).Trend:Increase 193.55% than previous quarter

Overall: increasing (-74.58%). Fluctuation: **Significant** (high variation).



The financial statements from Q3 2021 to Q2 2022 show significant fluctuations in working capital efficiency. Liabilities on revenue increased dramatically, then decreased significantly before further increases, while current assets on revenue trended similarly with large increases followed by significant drops. Cost efficiency shows a consistent decrease in the SG&A expense ratio. The ratio of retained earnings to revenue displays high variability, with significant increases and decreases over time. Investment efficiency shows a steady decline in retained earnings on assets. Earnings per share shows considerable fluctuations, with increases and decreases across the reporting period.