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 23.17 (%).Trend:Decrease 37.17% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 71.71 (%).Trend:Increase 209.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.32 (%).Trend:Decrease 53.54% than previous quarter

Overall: increasing (43.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 56.51 (%).Trend:Decrease 34.21% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 169.68 (%).Trend:Increase 200.27% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 81.57 (%).Trend:Decrease 51.93% than previous quarter

Overall: increasing (44.35%). 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 -59.79 (%).Trend:Decrease 30.87% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -173.66 (%).Trend:Increase 190.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -91.14 (%).Trend:Decrease 47.52% than previous quarter

Overall: decreasing (52.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.99 (%).Trend:Decrease 2.48% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.51 (%).Trend:Decrease 4.37% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.15 (%).Trend:Increase 6.09% than previous quarter

Overall: increasing (1.46%). 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 -36.92 (%).Trend:Increase 4.8% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -37.33 (%).Trend:Increase 1.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -40.3 (%).Trend:Increase 7.96% than previous quarter

Overall: decreasing (9.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.75 (USD).Trend:Increase 20.97% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 82.67% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.38 (USD).Trend:Increase 192.31% than previous quarter

Overall: increasing (-49.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 reveal significant fluctuations in key metrics. Liabilities on revenue and current assets on revenue show increasing trends, but with substantial quarter-to-quarter variation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is decreasing significantly. The Selling, General & Administrative (SG&A) expense ratio shows a minor overall increase, with little fluctuation.  Investment efficiency (retained earnings on assets and earnings per share) exhibits a decreasing trend with large variability. The significant volatility in most metrics necessitates detailed analysis to understand the underlying reasons for these fluctuations.