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 69.23 (%).Trend:Decrease 37.84% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 237.16 (%).Trend:Increase 242.57% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 94.0 (%).Trend:Decrease 60.36% than previous quarter

Overall: increasing (35.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 149.54 (%).Trend:Decrease 38.03% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 484.34 (%).Trend:Increase 223.89% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 154.72 (%).Trend:Decrease 68.06% than previous quarter

Overall: increasing (3.46%). 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 -55.4 (%).Trend:Decrease 37.89% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -263.97 (%).Trend:Increase 376.48% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -169.64 (%).Trend:Decrease 35.74% than previous quarter

Overall: decreasing (206.21%). 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 -13.72 (%).Trend:Decrease 11.71% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -20.89 (%).Trend:Increase 52.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -31.88 (%).Trend:Increase 52.61% than previous quarter

Overall: decreasing (132.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.26 (USD).Trend:Increase 108.97% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.89 (USD).Trend:Decrease 72.7% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.44 (USD).Trend:Decrease 50.56% than previous quarter

Overall: decreasing (-86.5%). Fluctuation: **Significant** (high variation).



The financial data reveals significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased sharply in Q1 2022, then decreased significantly before increasing again in Q1 2023.  Current assets on revenue show a similar pattern of substantial increases and decreases.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits a consistent decline with considerable variability between quarters. Investment efficiency consistently shows decreasing retained earnings on assets, with marked quarterly changes. Earnings per share also show significant fluctuations, declining in some quarters, then rising in others.