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 26.82 (%).Trend:Decrease 20.72% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 73.92 (%).Trend:Increase 175.62% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.77 (%).Trend:Decrease 52.96% than previous quarter

Overall: increasing (29.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 26.31 (%).Trend:Decrease 24.35% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 89.03 (%).Trend:Increase 238.39% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 47.32 (%).Trend:Decrease 46.85% than previous quarter

Overall: increasing (79.86%). 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 -46.77 (%).Trend:Decrease 37.6% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -117.89 (%).Trend:Increase 152.06% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -34.36 (%).Trend:Decrease 70.85% than previous quarter

Overall: increasing (-26.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.53 (%).Trend:Increase 3.11% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.5 (%).Trend:Increase 12.2% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.28 (%).Trend:Decrease 3.34% than previous quarter

Overall: increasing (8.45%). 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 -65.85 (%).Trend:Decrease 7.8% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -52.36 (%).Trend:Decrease 20.49% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -28.07 (%).Trend:Decrease 46.39% than previous quarter

Overall: increasing (-57.37%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.74 (USD).Trend:Increase 39.62% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.21 (USD).Trend:Decrease 71.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.11 (USD).Trend:Increase 428.57% than previous quarter

Overall: increasing (50.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 reveal significant fluctuations in key financial metrics, including liabilities and current assets as a percentage of revenue.  Cost efficiency, the ratio of retained earnings to revenue, SG&A expenses, investment efficiency, retained earnings on assets, and earnings per share are also examined.  The analysis needs to focus on the most important findings after removing zero values and outliers.  Significant variations in trends are reported.