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 59.34 (%).Trend:Increase 29.62% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 105.17 (%).Trend:Increase 77.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.6 (%).Trend:Decrease 57.59% than previous quarter

Overall: decreasing (-24.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 132.18 (%).Trend:Decrease 13.36% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 274.03 (%).Trend:Increase 107.32% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 128.89 (%).Trend:Decrease 52.97% than previous quarter

Overall: decreasing (-2.49%). 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 5.04 (%).Trend:Increase 22.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 12.42 (%).Trend:Increase 146.43% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 2.17 (%).Trend:Decrease 82.53% than previous quarter

Overall: decreasing (-56.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.31 (%).Trend:Decrease 4.81% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.02 (%).Trend:Increase 8.54% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.22 (%).Trend:Decrease 8.87% than previous quarter

Overall: decreasing (-1.08%). 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 2.22 (%).Trend:Increase 64.44% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 2.45 (%).Trend:Increase 10.36% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 0.92 (%).Trend:Decrease 62.45% than previous quarter

Overall: decreasing (-58.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.07 (USD).Trend:Decrease 84.44% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 442.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.06 (USD).Trend:Decrease 125.0% than previous quarter

Overall: increasing (-14.29%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 indicate a mixed performance, marked by high volatility across key metrics. Liabilities on revenue exhibit a decrease, though fluctuating substantially. Current assets on revenue also show a decrease with notable quarter-to-quarter variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, continues to decrease, with high fluctuations. Selling, general and administrative (SG&A) expense ratios are decreasing overall with little fluctuation. Investment efficiency, measured by retained earnings on assets, trends downward but with substantial quarter-to-quarter variation. Earnings per share continue their inconsistent behavior.