Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 213.45 (%).Trend:Increase 174.68% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 105.31 (%).Trend:Decrease 50.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 65.04 (%).Trend:Decrease 38.24% than previous quarter

Overall: decreasing (-69.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 255.36 (%).Trend:Increase 227.97% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 113.76 (%).Trend:Decrease 55.45% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 83.27 (%).Trend:Decrease 26.8% than previous quarter

Overall: decreasing (-67.39%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 49.23 (%).Trend:Decrease 904.41% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 26.51 (%).Trend:Decrease 46.15% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 19.19 (%).Trend:Decrease 27.61% than previous quarter

Overall: decreasing (-61.02%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 1.72 (%).Trend:Decrease 451.02% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 1.92 (%).Trend:Increase 11.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 2.16 (%).Trend:Increase 12.5% than previous quarter

Overall: increasing (25.58%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Analysis of Q1 2021 to Q3 2022 reveals significant decreases in liabilities on revenue (-69.53%), current assets on revenue (-67.39%), and the ratio of retained earnings to revenue (-61.02%).  These metrics show high variability. Conversely, retained earnings on assets increased (25.58%) with moderate fluctuation.  Data suggests potential financial instability or significant shifts in operational strategies.