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 111.57 (%).Trend:Increase 194.92% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 58.11 (%).Trend:Decrease 47.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 39.12 (%).Trend:Decrease 32.68% than previous quarter

Overall: decreasing (-64.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 84.47 (%).Trend:Increase 143.92% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 45.84 (%).Trend:Decrease 45.73% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 32.33% than previous quarter

Overall: decreasing (-63.28%). 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 -26.41 (%).Trend:Increase 189.9% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -11.83 (%).Trend:Decrease 55.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -7.81 (%).Trend:Decrease 33.98% than previous quarter

Overall: increasing (-70.43%). 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 -4.21 (%).Trend:Decrease 3.88% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.68 (%).Trend:Decrease 12.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -3.64 (%).Trend:Decrease 1.09% than previous quarter

Overall: increasing (-13.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 90.91% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.2 (USD).Trend:Increase 300.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.21 (USD).Trend:Increase 5.0% than previous quarter

Overall: increasing (320.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 - Q3 2022 reveals significant volatility.  Liabilities and current assets on revenue decreased overall, despite large swings between quarters. The ratio of retained earnings to revenue increased (though remained negative), showing considerable fluctuation. Retained earnings on assets slightly improved, while earnings per share showed a substantial increase, highlighting significant instability.