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 19.85 (%).Trend:Decrease 39.0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 70.72 (%).Trend:Increase 256.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.28 (%).Trend:Decrease 55.77% than previous quarter

Overall: increasing (57.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 87.96 (%).Trend:Decrease 37.56% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 230.4 (%).Trend:Increase 161.94% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 106.2 (%).Trend:Decrease 53.91% than previous quarter

Overall: increasing (20.74%). 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 -91.52 (%).Trend:Decrease 30.94% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -292.16 (%).Trend:Increase 219.23% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -147.68 (%).Trend:Decrease 49.45% than previous quarter

Overall: decreasing (61.36%). 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 -64.32 (%).Trend:Increase 9.63% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -77.35 (%).Trend:Increase 20.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -83.07 (%).Trend:Increase 7.39% than previous quarter

Overall: decreasing (29.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.22 (USD).Trend:Decrease 1200.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 104.55% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 1100.0% than previous quarter

Overall: decreasing (-54.55%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2022 (256.27% YoY) then decreased in Q2 (55.77% YoY) and further decreased in Q3 (27.94% YoY). Current assets on revenue also increased significantly in Q1 2022 (161.94% YoY) but then decreased in Q2 (53.91% YoY) and Q3 (33.66% YoY). Cost efficiency is declining significantly. The ratio of retained earnings to revenue is decreasing, with a large increase in Q1 2022. Investment efficiency is also declining significantly. Earnings per share are highly volatile, decreasing sharply in Q1 2022.