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 423.11 (%).Trend:Increase 78.57% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 247.59 (%).Trend:Decrease 41.48% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 200.1 (%).Trend:Decrease 19.18% than previous quarter

Overall: decreasing (-52.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 3253.37 (%).Trend:Increase 81.86% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 1620.96 (%).Trend:Decrease 50.18% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 1030.59 (%).Trend:Decrease 36.42% than previous quarter

Overall: decreasing (-68.32%). 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 -4533.36 (%).Trend:Increase 150.96% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -2464.3 (%).Trend:Decrease 45.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1914.45 (%).Trend:Decrease 22.31% than previous quarter

Overall: increasing (-57.77%). 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 -97.25 (%).Trend:Increase 36.7% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -112.86 (%).Trend:Increase 16.05% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -132.71 (%).Trend:Increase 17.59% than previous quarter

Overall: decreasing (36.46%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2022 – Q3 2022 data indicates substantial variability in several key financial ratios.  Liabilities relative to revenue decreased significantly (52.71% overall), alongside a considerable drop in current assets relative to revenue (68.32%).   Despite an initial negative value, the ratio of retained earnings to revenue improved, while the ratio of retained earnings to assets worsened.  The observed volatility warrants further examination.