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 52.32 (%).Trend:Decrease 33.73% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 122.55 (%).Trend:Increase 134.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 57.18 (%).Trend:Decrease 53.34% than previous quarter

Overall: increasing (9.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 166.72 (%).Trend:Decrease 40.84% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 316.47 (%).Trend:Increase 89.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 138.48 (%).Trend:Decrease 56.24% than previous quarter

Overall: decreasing (-16.94%). 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 -221.95 (%).Trend:Decrease 31.36% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -553.59 (%).Trend:Increase 149.42% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -287.34 (%).Trend:Decrease 48.1% than previous quarter

Overall: decreasing (29.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.08 (%).Trend:Decrease 4.44% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.9 (%).Trend:Decrease 19.91% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.28 (%).Trend:Increase 1.16% than previous quarter

Overall: decreasing (-18.99%). Fluctuation: **Neutral** (moderate 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 -92.81 (%).Trend:Increase 12.22% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -116.28 (%).Trend:Increase 25.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -133.45 (%).Trend:Increase 14.77% than previous quarter

Overall: decreasing (43.79%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.02 (USD).Trend:Increase 44.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.61 (USD).Trend:Decrease 69.8% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.17 (USD).Trend:Increase 91.8% than previous quarter

Overall: increasing (-42.08%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2021 to Q2 2022 shows significant fluctuations across key metrics.  Liabilities on revenue increased sharply in Q1 2022, then decreased substantially in subsequent quarters.  Current assets on revenue, in contrast, show a declining trend overall.  Cost efficiency, measured by the ratio of retained earnings to revenue, is consistently decreasing and quite variable. The Selling, General & Administrative (SG&A) expense ratio shows a steady decrease, suggesting improved cost management.  Invest efficiency is also highly variable, with a decreasing overall trend. Earnings per share follow a similar pattern of significant variation and a downward overall trend.