Working Capital Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 1: Liabilities on Revenue 78.32 (%).Trend:Increase 222.04% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.99 (%).Trend:Decrease 57.88% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.13 (%).Trend:Decrease 29.89% than previous quarter

Overall: decreasing (-70.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 127.89 (%).Trend:Increase 207.72% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 57.0 (%).Trend:Decrease 55.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 39.47 (%).Trend:Decrease 30.75% than previous quarter

Overall: decreasing (-69.14%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -11.61 (%).Trend:Increase 235.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -5.37 (%).Trend:Decrease 53.75% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -4.38 (%).Trend:Decrease 18.44% than previous quarter

Overall: increasing (-62.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 4.94% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.05 (%).Trend:Decrease 4.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.02 (%).Trend:Decrease 0.74% than previous quarter

Overall: decreasing (-4.96%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 1: Retained Earning on Assets -4.03 (%).Trend:Increase 25.16% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -4.13 (%).Trend:Increase 2.48% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.06 (%).Trend:Increase 22.52% than previous quarter

Overall: decreasing (25.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 105.8% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.11 (USD).Trend:Increase 175.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.25 (USD).Trend:Decrease 327.27% than previous quarter

Overall: decreasing (-725.0%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 financial statements reveals substantial fluctuations in working capital efficiency.  Liabilities and current assets on revenue show significant changes.  Cost efficiency, as measured by the retained earnings to revenue ratio, has a significant, increasing trend.  SG&A expenses are decreasing steadily.  Investment efficiency (retained earnings on assets) and EPS exhibit notable variability, signifying potential instability.