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 24.43 (%).Trend:Decrease 41.34% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 67.46 (%).Trend:Increase 176.14% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.53 (%).Trend:Decrease 50.3% than previous quarter

Overall: increasing (37.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 8.33 (%).Trend:Decrease 42.95% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 24.61 (%).Trend:Increase 195.44% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 13.8 (%).Trend:Decrease 43.93% than previous quarter

Overall: increasing (65.67%). 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 -122.91 (%).Trend:Decrease 36.13% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -357.53 (%).Trend:Increase 190.89% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -163.7 (%).Trend:Decrease 54.21% than previous quarter

Overall: decreasing (33.19%). 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 -132.72 (%).Trend:Increase 4.16% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -144.9 (%).Trend:Increase 9.18% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -142.65 (%).Trend:Decrease 1.55% than previous quarter

Overall: decreasing (7.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.78 (USD).Trend:Increase 14.71% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.28 (USD).Trend:Decrease 64.1% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.26 (USD).Trend:Decrease 7.14% than previous quarter

Overall: increasing (-66.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant volatility in several key areas. Liabilities on revenue exhibit an overall increasing trend with pronounced swings. Current assets on revenue also demonstrate an overall upward trend, but significant quarter-to-quarter variations. Cost efficiency (retained earnings-to-revenue) shows a clear negative trend overall, yet with substantial changes. Investment efficiency consistently shows a negative trend, but high volatility. Earnings per share remain negative and have an overall increasing negative trend, with significant fluctuations.