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 67.55 (%).Trend:Decrease 26.13% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 189.34 (%).Trend:Increase 180.3% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 94.06 (%).Trend:Decrease 50.32% than previous quarter

Overall: increasing (39.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 114.0 (%).Trend:Decrease 29.82% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 295.43 (%).Trend:Increase 159.15% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.62 (%).Trend:Decrease 54.77% than previous quarter

Overall: increasing (17.21%). 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 -116.15 (%).Trend:Decrease 32.57% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -398.47 (%).Trend:Increase 243.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -223.87 (%).Trend:Decrease 43.82% than previous quarter

Overall: decreasing (92.74%). 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 -68.25 (%).Trend:Decrease 1.9% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -87.07 (%).Trend:Increase 27.58% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -103.72 (%).Trend:Increase 19.12% than previous quarter

Overall: decreasing (51.97%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.8 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.3 (USD).Trend:Decrease 137.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.34 (USD).Trend:Increase 13.33% than previous quarter

Overall: increasing (-142.5%). Fluctuation: **Significant** (high variation).



Review of Q3 2021 - Q2 2022 data highlights significant fluctuations across several key financial ratios.  Liabilities on revenue increased by 39.25%, while current assets on revenue saw a more moderate increase (17.21%).  Cost efficiency shows a substantial decline in retained earnings to revenue (-92.74%) and retained earnings on assets (-51.97%).  Earnings per share fluctuated significantly, resulting in an overall increase despite interim decreases.  The absence of SG&A data limits the analysis.