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 36.77 (%).Trend:Decrease 29.41% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 98.38 (%).Trend:Increase 167.56% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 46.55 (%).Trend:Decrease 52.68% than previous quarter

Overall: increasing (26.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 47.2 (%).Trend:Decrease 38.05% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 129.15 (%).Trend:Increase 173.62% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 64.63 (%).Trend:Decrease 49.96% than previous quarter

Overall: increasing (36.93%). 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 -10.0 (%).Trend:Decrease 49.08% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -22.63 (%).Trend:Increase 126.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -11.04 (%).Trend:Decrease 51.22% than previous quarter

Overall: decreasing (10.4%). 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 -5.65 (%).Trend:Decrease 21.53% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -4.03 (%).Trend:Decrease 28.67% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.89 (%).Trend:Decrease 3.47% than previous quarter

Overall: increasing (-31.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 6.23 (USD).Trend:Increase 206.9% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.3 (USD).Trend:Decrease 79.13% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 26.92% than previous quarter

Overall: decreasing (-73.52%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2021 to Q2 2022 reveals significant fluctuations in key metrics. Liabilities and current assets on revenue increased overall, but with high variability. The ratio of retained earnings to revenue decreased, while retained earnings on assets increased (negatively).  Earnings per share decreased significantly, highlighting substantial volatility.