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 21.19 (%).Trend:Decrease 7.75% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 57.38 (%).Trend:Increase 170.79% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 23.06 (%).Trend:Decrease 59.81% than previous quarter

Overall: increasing (8.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 156.06 (%).Trend:Decrease 28.24% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 427.12 (%).Trend:Increase 173.69% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 263.78 (%).Trend:Decrease 38.24% than previous quarter

Overall: increasing (69.02%). 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 78.9 (%).Trend:Decrease 37.74% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 145.61 (%).Trend:Increase 84.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 69.53 (%).Trend:Decrease 52.25% than previous quarter

Overall: decreasing (-11.88%). 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 20.05 (%).Trend:Decrease 16.94% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 13.18 (%).Trend:Decrease 34.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 9.88 (%).Trend:Decrease 25.04% than previous quarter

Overall: decreasing (-50.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -3.13 (USD).Trend:Increase 251.69% than previous quarter
Year 2022 Quarter 1: Earning Per Share -1.46 (USD).Trend:Decrease 53.35% than previous quarter
Year 2022 Quarter 2: Earning Per Share -3.12 (USD).Trend:Increase 113.7% than previous quarter

Overall: increasing (-0.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 show significant volatility.  Liabilities on revenue show an increase (8.82%) despite considerable fluctuation.  Current assets on revenue also show an increase (69.02%) but also with significant variation. The ratio of retained earnings to revenue decreased (-11.88%). Investment efficiency shows a considerable decrease (-50.72%) with high fluctuation. Earnings per share show an overall slight increase but are predominantly negative.