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 30.54 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 97.9 (%).Trend:Increase 220.56% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 43.26 (%).Trend:Decrease 55.81% than previous quarter

Overall: increasing (41.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 113.24 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 234.26 (%).Trend:Increase 106.87% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 105.22 (%).Trend:Decrease 55.08% than previous quarter

Overall: decreasing (-7.08%). 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 308.53 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 612.27 (%).Trend:Increase 98.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 282.24 (%).Trend:Decrease 53.9% than previous quarter

Overall: decreasing (-8.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.86 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.73 (%).Trend:Decrease 22.58% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.4 (%).Trend:Decrease 3.08% than previous quarter

Overall: decreasing (-24.96%). Fluctuation: **Neutral** (moderate 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 59.61 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 56.81 (%).Trend:Decrease 4.7% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 56.84 (%).Trend:Increase 0.05% than previous quarter

Overall: decreasing (-4.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.3 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.48 (USD).Trend:Decrease 79.13% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.53 (USD).Trend:Increase 10.42% than previous quarter

Overall: increasing (-76.96%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2021 to Q2 2022 highlight significant fluctuations in key financial ratios.  Liabilities on revenue increased sharply, then declined in the following quarter, while current assets on revenue followed a similar volatile pattern.  The ratio of retained earnings to revenue decreased substantially from Q1 to Q2, also demonstrating high volatility.  The selling, general, and administrative (SG&A) expense ratio displayed a consistent downward trend.  Investment efficiency, measured by retained earnings on assets, had lower volatility compared to other metrics. Earnings per share showed significant variation.