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 32.55 (%).Trend:Decrease 32.72% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 94.62 (%).Trend:Increase 190.69% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 46.64 (%).Trend:Decrease 50.71% than previous quarter

Overall: increasing (43.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 48.66 (%).Trend:Decrease 36.12% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 139.71 (%).Trend:Increase 187.11% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 71.57 (%).Trend:Decrease 48.77% than previous quarter

Overall: increasing (47.08%). 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 21.2 (%).Trend:Decrease 63.49% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 52.87 (%).Trend:Increase 149.39% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 26.9 (%).Trend:Decrease 49.12% than previous quarter

Overall: increasing (26.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.72 (%).Trend:Decrease 0.68% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.01 (%).Trend:Increase 2.47% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.43 (%).Trend:Decrease 4.83% than previous quarter

Overall: decreasing (-2.47%). 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 20.98 (%).Trend:Decrease 32.54% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 19.71 (%).Trend:Decrease 6.05% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 19.81 (%).Trend:Increase 0.51% than previous quarter

Overall: decreasing (-5.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -3.82 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 101.05% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.05 (USD).Trend:Increase 25.0% than previous quarter

Overall: increasing (-101.31%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2021 to Q2 2022 present a picture of considerable volatility.  Working capital efficiency, indicated by increases in liabilities and current assets on revenue, exhibits large variations. Cost efficiency, specifically the ratio of retained earnings to revenue, increased. SG&A expenses exhibited a stable downward trend. Investment efficiency, as measured by retained earnings on assets, decreased, with little variation. Earnings per share demonstrated substantial increases and decreases, necessitating further investigation into potential underlying reasons for the erratic performance.