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 41.01 (%).Trend:Decrease 35.37% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 89.01 (%).Trend:Increase 117.04% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.14 (%).Trend:Decrease 43.67% than previous quarter

Overall: increasing (22.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 54.49 (%).Trend:Decrease 37.71% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 140.31 (%).Trend:Increase 157.5% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 71.15 (%).Trend:Decrease 49.29% than previous quarter

Overall: increasing (30.57%). 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 4.97 (%).Trend:Decrease 33.2% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 9.07 (%).Trend:Increase 82.49% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 2.06 (%).Trend:Decrease 77.29% than previous quarter

Overall: decreasing (-58.55%). 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 3.36 (%).Trend:Increase 5.33% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 2.23 (%).Trend:Decrease 33.63% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 1.05 (%).Trend:Decrease 52.91% than previous quarter

Overall: decreasing (-68.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.61 (USD).Trend:Decrease 10.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.3 (USD).Trend:Decrease 50.82% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.63 (USD).Trend:Increase 110.0% than previous quarter

Overall: decreasing (3.28%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 reveals significant fluctuations. Working capital metrics show increases, with liabilities on revenue increasing (22.26%) and current assets on revenue also increasing (30.57%). Cost efficiency, as measured by the ratio of retained earnings to revenue, experiences a considerable decrease (-58.55%). Invest efficiency displays a substantial decrease in retained earnings on assets (-68.75%), while earnings per share show a smaller negative increase (3.28%).