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 39.05 (%).Trend:Decrease 25.21% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 118.95 (%).Trend:Increase 204.61% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 74.34 (%).Trend:Decrease 37.5% than previous quarter

Overall: increasing (90.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 87.35 (%).Trend:Decrease 33.81% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 277.01 (%).Trend:Increase 217.13% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.58 (%).Trend:Decrease 51.78% than previous quarter

Overall: increasing (52.93%). 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 -33.6 (%).Trend:Decrease 30.2% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -117.4 (%).Trend:Increase 249.4% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -57.39 (%).Trend:Decrease 51.12% than previous quarter

Overall: decreasing (70.8%). 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 -32.09 (%).Trend:Increase 5.35% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -35.29 (%).Trend:Increase 9.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -30.94 (%).Trend:Decrease 12.33% than previous quarter

Overall: increasing (-3.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -1.22 (USD).Trend:Increase 20.79% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.11 (USD).Trend:Decrease 90.98% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.33 (USD).Trend:Increase 200.0% than previous quarter

Overall: increasing (-72.95%). Fluctuation: **Significant** (high variation).



Between Q3 2021 and Q2 2022, liabilities and current assets on revenue increased significantly, although with substantial quarter-to-quarter fluctuations. The ratio of retained earnings to revenue showed a large overall decrease. Retained earnings on assets slightly increased, while earnings per share increased overall but with considerable volatility.