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 98.53 (%).Trend:Decrease 39.73% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 190.47 (%).Trend:Increase 93.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 184.98 (%).Trend:Decrease 2.88% than previous quarter

Overall: increasing (87.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 1539.4 (%).Trend:Decrease 51.38% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 1837.58 (%).Trend:Increase 19.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 583.36 (%).Trend:Decrease 68.25% than previous quarter

Overall: decreasing (-62.1%). 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 -1720.52 (%).Trend:Decrease 45.56% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -2628.7 (%).Trend:Increase 52.79% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -1316.52 (%).Trend:Decrease 49.92% than previous quarter

Overall: increasing (-23.48%). 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 -93.6 (%).Trend:Increase 10.89% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -116.43 (%).Trend:Increase 24.39% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -73.07 (%).Trend:Decrease 37.24% than previous quarter

Overall: increasing (-21.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.87 (USD).Trend:Increase 74.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.36 (USD).Trend:Decrease 58.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.88 (USD).Trend:Increase 144.44% than previous quarter

Overall: decreasing (1.15%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2021 to Q2 2022 indicates substantial volatility in key financial metrics.  Liabilities on revenue showed a net increase, though with considerable quarter-over-quarter swings. Current assets on revenue decreased overall.  Cost efficiency, as measured by retained earnings to revenue, demonstrated a mixed overall trend with significant fluctuations.  Investment efficiency and earnings per share also exhibit high volatility.