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 42.1 (%).Trend:Decrease 34.48% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 128.32 (%).Trend:Increase 204.8% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 69.11 (%).Trend:Decrease 46.14% than previous quarter

Overall: increasing (64.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 62.22 (%).Trend:Decrease 33.86% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 184.94 (%).Trend:Increase 197.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 96.91 (%).Trend:Decrease 47.6% than previous quarter

Overall: increasing (55.75%). 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 -14.16 (%).Trend:Decrease 42.37% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -32.84 (%).Trend:Increase 131.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -13.9 (%).Trend:Decrease 57.67% than previous quarter

Overall: increasing (-1.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.39 (%).Trend:Decrease 1.74% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.17 (%).Trend:Decrease 6.49% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.29 (%).Trend:Increase 3.79% than previous quarter

Overall: decreasing (-2.95%). 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 -16.14 (%).Trend:Decrease 11.56% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -12.86 (%).Trend:Decrease 20.32% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -10.45 (%).Trend:Decrease 18.74% than previous quarter

Overall: increasing (-35.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.75 (USD).Trend:Increase 127.27% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 44.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.11 (USD).Trend:Increase 164.29% than previous quarter

Overall: increasing (48.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 reveal a volatile financial state. Working capital efficiency exhibits large variations in liabilities and current assets on revenue, with fluctuating increases and decreases.  Cost efficiency, in the form of the SG&A ratio, displays stability, unlike the retained earnings to revenue ratio, which shows substantial variations. Investment efficiency and earnings per share also reveal a trend with significant quarterly changes, highlighting potential challenges needing further investigation.