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 73.41 (%).Trend:Increase 60.85% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 92.8 (%).Trend:Increase 26.41% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 38.06 (%).Trend:Decrease 58.99% than previous quarter

Overall: decreasing (-48.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 73.82 (%).Trend:Increase 28.56% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 102.27 (%).Trend:Increase 38.54% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.83 (%).Trend:Decrease 54.21% than previous quarter

Overall: decreasing (-36.56%). 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 -20.12 (%).Trend:Decrease 37.88% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -11.08 (%).Trend:Decrease 44.93% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -5.09 (%).Trend:Decrease 54.06% than previous quarter

Overall: increasing (-74.7%). 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 -10.09 (%).Trend:Decrease 11.65% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -3.47 (%).Trend:Decrease 65.61% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.66 (%).Trend:Increase 5.48% than previous quarter

Overall: increasing (-63.73%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.63 (USD).Trend:Increase 44.25% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.31 (USD).Trend:Decrease 80.98% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.29 (USD).Trend:Decrease 6.45% than previous quarter

Overall: increasing (-82.21%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2021 to Q2 2022 reveals substantial fluctuations in various metrics. Liabilities on revenue decreased significantly from Q3 2021 to Q2 2022, but with substantial variation in the quarters in between.  Current assets on revenue also show a decreasing trend, though with similar substantial fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits a significant upward trend. Investment efficiency, gauged by retained earnings on assets, also displays a fluctuating decreasing trend. Similarly, earnings per share show a fluctuating and decreasing trend over the period.