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 30.94 (%).Trend:Decrease 34.39% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 84.13 (%).Trend:Increase 171.91% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 41.37 (%).Trend:Decrease 50.83% than previous quarter

Overall: increasing (33.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 59.12 (%).Trend:Decrease 35.15% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 166.23 (%).Trend:Increase 181.17% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 80.4 (%).Trend:Decrease 51.63% than previous quarter

Overall: increasing (35.99%). 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 141.08 (%).Trend:Decrease 42.68% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 387.02 (%).Trend:Increase 174.33% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 182.8 (%).Trend:Decrease 52.77% than previous quarter

Overall: increasing (29.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.99 (%).Trend:Decrease 4.31% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.4 (%).Trend:Increase 3.42% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.18 (%).Trend:Decrease 9.84% than previous quarter

Overall: decreasing (-6.76%). 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 43.33 (%).Trend:Decrease 3.88% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 43.92 (%).Trend:Increase 1.36% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 44.26 (%).Trend:Increase 0.77% than previous quarter

Overall: increasing (2.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -4.3 (USD).Trend:Decrease 4009.09% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 106.74% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 162.07% than previous quarter

Overall: increasing (-117.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show substantial fluctuations. Liabilities and current assets on revenue increased significantly in Q1 2022, before decreasing considerably in Q2 2022, highlighting a volatile working capital position. Cost efficiency, as indicated by the ratio of retained earnings to revenue, showcases substantial increases and decreases, particularly in Q1 2022.  Selling, General & Administrative (SG&A) Expense Ratio shows a slight decline overall. Investment efficiency (retained earnings on assets) shows a small, steady increase, and Earning Per Share exhibits significant volatility, including a substantial decrease in Q3 2021 and a subsequent increase.