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 70.72 (%).Trend:Increase 256.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.28 (%).Trend:Decrease 55.77% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.54 (%).Trend:Decrease 27.94% than previous quarter

Overall: decreasing (-68.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 230.4 (%).Trend:Increase 161.94% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 106.2 (%).Trend:Decrease 53.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 70.45 (%).Trend:Decrease 33.66% than previous quarter

Overall: decreasing (-69.42%). 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 -292.16 (%).Trend:Increase 219.23% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -147.68 (%).Trend:Decrease 49.45% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -101.08 (%).Trend:Decrease 31.55% than previous quarter

Overall: increasing (-65.4%). 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 -77.35 (%).Trend:Increase 20.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -83.07 (%).Trend:Increase 7.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -86.76 (%).Trend:Increase 4.44% than previous quarter

Overall: decreasing (12.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 104.55% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 1100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 130.0% than previous quarter

Overall: increasing (-2400.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 of 2022 and Q1 of 2023 show significant volatility. Liabilities on revenue declined in the initial period, but with sharp rises and falls quarter over quarter. Current assets on revenue demonstrate a similar volatility, showing a significant decline. Cost efficiency, measured by the ratio of retained earnings to revenue, is overall increasing but with high quarterly fluctuation. Investment efficiency shows a clear downward trend but with substantial quarterly variation. Earnings per share also show notable volatility with an increase in Q3.