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 20.71 (%).Trend:Decrease 33.37% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.55 (%).Trend:Increase 192.37% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 26.42 (%).Trend:Decrease 56.37% than previous quarter

Overall: increasing (27.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 34.75 (%).Trend:Decrease 33.87% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 87.48 (%).Trend:Increase 151.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 42.87 (%).Trend:Decrease 50.99% than previous quarter

Overall: increasing (23.37%). 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 -251.52 (%).Trend:Decrease 33.78% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -721.23 (%).Trend:Increase 186.75% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -353.65 (%).Trend:Decrease 50.97% than previous quarter

Overall: decreasing (40.61%). 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 -117.27 (%).Trend:Increase 2.07% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -106.72 (%).Trend:Decrease 9.0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -107.99 (%).Trend:Increase 1.19% than previous quarter

Overall: increasing (-7.91%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.2 (USD).Trend:Increase 25.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 70.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 133.33% than previous quarter

Overall: decreasing (-30.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2021 to Q2 2022 shows significant fluctuation. Liabilities on revenue initially decrease, increase dramatically, then decrease again. Current assets demonstrate a similar pattern. The retained earnings to revenue ratio continues a decreasing trend. Investment efficiency shows fluctuations but overall declining trend in retained earnings on assets. Earnings per share show an increase, a large decrease, and then a final increase. The data indicates high volatility across all examined areas.