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 23.53 (%).Trend:Decrease 17.76% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.85 (%).Trend:Increase 226.6% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.85 (%).Trend:Decrease 55.95% than previous quarter

Overall: increasing (43.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 321.02 (%).Trend:Decrease 39.8% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 616.4 (%).Trend:Increase 92.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 365.74 (%).Trend:Decrease 40.67% than previous quarter

Overall: increasing (13.93%). 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 -63.55 (%).Trend:Decrease 31.5% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -163.89 (%).Trend:Increase 157.89% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -81.61 (%).Trend:Decrease 50.2% than previous quarter

Overall: decreasing (28.42%). 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 -11.34 (%).Trend:Decrease 2.91% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -12.45 (%).Trend:Increase 9.79% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -12.2 (%).Trend:Decrease 2.01% than previous quarter

Overall: decreasing (7.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.18 (USD).Trend:Decrease 21.74% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 122.22% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 150.0% than previous quarter

Overall: increasing (-155.56%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2021 to Q2 2022 demonstrates significant volatility in financial performance. Liabilities on revenue increased overall (43.86%), though with substantial fluctuation. Current assets on revenue also increased (13.93%), but with high variation. Conversely, the ratio of retained earnings to revenue showed a substantial decrease (28.42%).  Investment efficiency continued a slight decrease (7.58%) but with significant variation.  Earnings per share trended upwards (-155.56%). This suggests potentially unstable financial conditions.