Working Capital Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 1: Liabilities on Revenue 85.76 (%).Trend:Increase 235.66% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.56 (%).Trend:Decrease 56.2% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 49.8 (%).Trend:Increase 32.59% than previous quarter

Overall: decreasing (-41.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 290.74 (%).Trend:Increase 166.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.27 (%).Trend:Decrease 54.16% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 109.99 (%).Trend:Decrease 17.47% than previous quarter

Overall: decreasing (-62.17%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 328.87 (%).Trend:Increase 153.72% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 157.67 (%).Trend:Decrease 52.06% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 95.73 (%).Trend:Decrease 39.28% than previous quarter

Overall: decreasing (-70.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.43 (%).Trend:Decrease 8.92% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.35 (%).Trend:Decrease 0.7% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.0 (%).Trend:Decrease 11.89% than previous quarter

Overall: decreasing (-12.51%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 1: Retained Earning on Assets 43.07 (%).Trend:Decrease 5.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 42.9 (%).Trend:Decrease 0.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 37.71 (%).Trend:Decrease 12.1% than previous quarter

Overall: decreasing (-12.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.31 (USD).Trend:Decrease 91.34% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.91 (USD).Trend:Increase 193.55% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.07 (USD).Trend:Increase 17.58% than previous quarter

Overall: decreasing (245.16%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show significant fluctuations across all efficiency metrics. Liabilities on revenue decreased overall with high variability. Current assets on revenue show a decrease overall with high variability. Retained earnings to revenue and earnings per share are volatile, while SG&A and retained earnings on assets show consistent decrease and decrease, respectively, with lower variability.