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 34.01 (%).Trend:Decrease 27.65% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 93.2 (%).Trend:Increase 174.04% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 43.41 (%).Trend:Decrease 53.42% than previous quarter

Overall: increasing (27.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 56.21 (%).Trend:Decrease 41.44% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 172.59 (%).Trend:Increase 207.05% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 82.76 (%).Trend:Decrease 52.05% than previous quarter

Overall: increasing (47.23%). 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 10.94 (%).Trend:Decrease 29.83% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 36.71 (%).Trend:Increase 235.56% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 13.91 (%).Trend:Decrease 62.11% than previous quarter

Overall: increasing (27.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.4 (%).Trend:Decrease 5.49% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.34 (%).Trend:Increase 5.4% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Decrease 10.41% than previous quarter

Overall: decreasing (-5.57%). 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 9.32 (%).Trend:Increase 17.53% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 10.59 (%).Trend:Increase 13.63% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.96 (%).Trend:Decrease 15.39% than previous quarter

Overall: decreasing (-3.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -2.42 (USD).Trend:Decrease 29.65% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.62 (USD).Trend:Decrease 125.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.77 (USD).Trend:Increase 346.77% than previous quarter

Overall: increasing (-214.46%). Fluctuation: **Significant** (high variation).



Analysis of financial statements from 2021 Q3 to 2022 Q2 reveals significant volatility across various metrics. Working capital efficiency (liabilities and current assets on revenue) showed increases. Cost efficiency (ratio of retained earnings to revenue) increased, albeit with significant volatility. SG&A expense ratio demonstrated minimal fluctuation, decreasing overall. Investment efficiency saw a minor downward trend in retained earnings on assets. Earnings per share showed an overall upward trend, though with extreme volatility and fluctuations.