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 471.17 (%).Trend:Increase 229.05% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 265.42 (%).Trend:Decrease 43.67% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 83.65 (%).Trend:Decrease 68.48% than previous quarter

Overall: decreasing (-82.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 3688.51 (%).Trend:Increase 182.4% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 1514.78 (%).Trend:Decrease 58.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 371.66 (%).Trend:Decrease 75.46% than previous quarter

Overall: decreasing (-89.92%). 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 -28036.55 (%).Trend:Increase 260.86% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -13740.92 (%).Trend:Decrease 50.99% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -3450.03 (%).Trend:Decrease 74.89% than previous quarter

Overall: increasing (-87.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 195.04 (%).Trend:Increase 31.14% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 192.61 (%).Trend:Decrease 1.25% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 72.46 (%).Trend:Decrease 62.38% than previous quarter

Overall: decreasing (-62.85%). Fluctuation: **Significant** (high 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 -666.7 (%).Trend:Increase 25.84% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -783.66 (%).Trend:Increase 17.54% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -804.56 (%).Trend:Increase 2.67% than previous quarter

Overall: decreasing (20.68%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.05 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.1 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.11 (USD).Trend:Increase 10.0% than previous quarter

Overall: decreasing (120.0%). Fluctuation: **Significant** (high variation).



The Q1 2022 to Q3 2022 financial statement analysis reveals significant fluctuations.  Liabilities on revenue decreased by 82.25%, while current assets on revenue showed a sharper decline of 89.92%.  Cost efficiency measures exhibited contrasting trends: a negative increase of 87.69% in the ratio of retained earnings to revenue, and a decrease of 62.85% in the SG&A expense ratio.  Investment efficiency, represented by retained earnings on assets, decreased by 20.68%. Earnings per share experienced a considerable decrease of 120.0%.