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 60.06 (%).Trend:Increase 216.77% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.72 (%).Trend:Decrease 52.18% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.82 (%).Trend:Decrease 37.95% than previous quarter

Overall: decreasing (-70.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 17.44 (%).Trend:Increase 192.62% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 8.41 (%).Trend:Decrease 51.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 5.8 (%).Trend:Decrease 31.03% than previous quarter

Overall: decreasing (-66.74%). 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 -125.71 (%).Trend:Increase 247.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -57.53 (%).Trend:Decrease 54.24% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -37.36 (%).Trend:Decrease 35.06% than previous quarter

Overall: increasing (-70.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -41.89 (%).Trend:Increase 10.73% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -41.4 (%).Trend:Decrease 1.17% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -40.6 (%).Trend:Decrease 1.93% than previous quarter

Overall: increasing (-3.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 173.68% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.11 (USD).Trend:Decrease 21.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.09 (USD).Trend:Decrease 18.18% than previous quarter

Overall: increasing (-35.71%). Fluctuation: **Significant** (high variation).



Financial statements exhibit significant volatility across several key metrics. Working capital efficiency, as seen in liability and current asset ratios, displays substantial fluctuations. Cost efficiency, represented by the retained earnings-to-revenue ratio, demonstrates an overall increasing trend but with notable quarter-to-quarter variations.  Investment efficiency, measured by retained earnings on assets, displays a slight upward trajectory, despite significant volatility. Earnings per share consistently show negative values and considerable fluctuation. The high variability across metrics suggests instability in financial performance.