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 35.01 (%).Trend:Decrease 23.64% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 80.08 (%).Trend:Increase 128.73% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.86 (%).Trend:Decrease 52.72% than previous quarter

Overall: increasing (8.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 65.73 (%).Trend:Decrease 40.09% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 131.18 (%).Trend:Increase 99.57% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 92.95 (%).Trend:Decrease 29.14% than previous quarter

Overall: increasing (41.41%). 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 -64.27 (%).Trend:Decrease 24.19% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -215.66 (%).Trend:Increase 235.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -165.9 (%).Trend:Decrease 23.07% than previous quarter

Overall: decreasing (158.13%). 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 -21.9 (%).Trend:Increase 17.43% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -32.25 (%).Trend:Increase 47.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -48.86 (%).Trend:Increase 51.5% than previous quarter

Overall: decreasing (123.11%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statement analysis for quarters 3 2021 to 2  2022 indicates considerable volatility.  Liabilities on revenue trended from a decrease to an increase, fluctuating from a decrease to a substantial increase overall (8.14%). Current assets on revenue exhibited a similar pattern, increasing overall (41.41%). Cost Efficiency showed a substantial decrease in the ratio of retained earnings to revenue (158.13%).  Invest Efficiency also saw a significant decrease in retained earning on assets (123.11%).  These large fluctuations highlight instability and require further examination.