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 29.58 (%).Trend:Decrease 33.66% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 85.5 (%).Trend:Increase 189.05% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.7 (%).Trend:Decrease 55.91% than previous quarter

Overall: increasing (27.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 71.1 (%).Trend:Decrease 35.87% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 188.29 (%).Trend:Increase 164.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 95.98 (%).Trend:Decrease 49.03% than previous quarter

Overall: increasing (34.99%). 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 -224.13 (%).Trend:Decrease 39.8% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -512.15 (%).Trend:Increase 128.51% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -260.08 (%).Trend:Decrease 49.22% than previous quarter

Overall: decreasing (16.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 60.47 (%).Trend:Decrease 3.2% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.29 (%).Trend:Decrease 13.53% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.57 (%).Trend:Increase 2.45% than previous quarter

Overall: decreasing (-11.41%). 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 -105.07 (%).Trend:Decrease 2.39% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -99.73 (%).Trend:Decrease 5.08% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -99.65 (%).Trend:Decrease 0.08% than previous quarter

Overall: increasing (-5.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.13 (USD).Trend:Increase 225.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.16 (USD).Trend:Increase 23.08% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.28 (USD).Trend:Increase 75.0% than previous quarter

Overall: increasing (115.38%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 reveals substantial variation in key metrics. Liabilities on revenue increased then decreased, with significant fluctuation. Current assets on revenue demonstrate a similar volatile pattern. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a declining trend with substantial variation. The SG&A expense ratio decreases steadily. Investment efficiency reveals a slightly increasing retained earnings on assets trend. Earnings per share increase substantially, fluctuating significantly throughout the period.