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 45.9 (%).Trend:Decrease 36.72% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 164.63 (%).Trend:Increase 258.67% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 71.23 (%).Trend:Decrease 56.73% than previous quarter

Overall: increasing (55.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 79.76 (%).Trend:Decrease 33.97% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 235.56 (%).Trend:Increase 195.34% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 110.09 (%).Trend:Decrease 53.26% than previous quarter

Overall: increasing (38.03%). 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 -34.39 (%).Trend:Decrease 37.11% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -104.37 (%).Trend:Increase 203.49% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -46.43 (%).Trend:Decrease 55.51% than previous quarter

Overall: decreasing (35.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.73 (%).Trend:Decrease 1.76% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.27 (%).Trend:Increase 16.29% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.69 (%).Trend:Decrease 10.21% than previous quarter

Overall: increasing (4.42%). 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 -23.44 (%).Trend:Decrease 3.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -17.46 (%).Trend:Decrease 25.51% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -17.38 (%).Trend:Decrease 0.46% than previous quarter

Overall: increasing (-25.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.28 (USD).Trend:Increase 133.33% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 92.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.08 (USD).Trend:Increase 300.0% than previous quarter

Overall: decreasing (-71.43%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 shows significant variability. Liabilities and current assets on revenue both exhibited significant increases and decreases across the quarters, indicating unstable working capital efficiency. The ratio of retained earnings to revenue declined markedly, while SG&A expense ratio saw a less volatile increase. Investment efficiency displays a somewhat increasing trend in retained earnings on assets, despite fluctuations. Earnings per share declined significantly in Q1 2022 from the prior quarter, before seeing a large jump in Q2 2022.