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 34.04 (%).Trend:Increase 4.35% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.55 (%).Trend:Increase 77.88% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.23 (%).Trend:Decrease 48.42% than previous quarter

Overall: decreasing (-8.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 71.72 (%).Trend:Decrease 65.92% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 145.33 (%).Trend:Increase 102.64% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 75.81 (%).Trend:Decrease 47.84% than previous quarter

Overall: increasing (5.7%). 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 45.15 (%).Trend:Decrease 37.24% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 86.76 (%).Trend:Increase 92.16% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 7.96 (%).Trend:Decrease 90.83% than previous quarter

Overall: decreasing (-82.37%). 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 16.53 (%).Trend:Decrease 35.3% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.41 (%).Trend:Increase 5.32% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 3.66 (%).Trend:Decrease 78.98% than previous quarter

Overall: decreasing (-77.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.47 (USD).Trend:Decrease 4.08% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 40.43% than previous quarter
Year 2022 Quarter 2: Earning Per Share -5.56 (USD).Trend:Decrease 2085.71% than previous quarter

Overall: decreasing (-1282.98%). Fluctuation: **Significant** (high variation).



Financial review for Q3 2021 to Q2 2022 shows a deteriorating trend in many areas. Liabilities on revenue decreased in Q2 2022, though with substantial variation, contrasting with increases in Q3 2021 and Q1 2022.  Current assets on revenue, while increasing slightly overall, experienced significant fluctuations. Cost efficiency, measured by the retained earnings-to-revenue ratio, decreased drastically, especially in Q2 2022.  Investment efficiency and earnings per share show considerable decreases.  Overall, the financial performance appears to have declined significantly.