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 116.91 (%).Trend:Increase 159.57% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 53.78 (%).Trend:Decrease 54.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.91 (%).Trend:Decrease 44.38% than previous quarter

Overall: decreasing (-74.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 63.63 (%).Trend:Increase 256.47% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 27.35 (%).Trend:Decrease 57.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 15.38 (%).Trend:Decrease 43.77% than previous quarter

Overall: decreasing (-75.83%). 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 -140.06 (%).Trend:Increase 78.83% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -46.88 (%).Trend:Decrease 66.53% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -21.29 (%).Trend:Decrease 54.59% than previous quarter

Overall: increasing (-84.8%). 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 -32.03 (%).Trend:Decrease 25.04% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -23.31 (%).Trend:Decrease 27.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -16.38 (%).Trend:Decrease 29.73% than previous quarter

Overall: increasing (-48.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.94 (USD).Trend:Decrease 883.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.34 (USD).Trend:Decrease 561.7% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 107.37% than previous quarter

Overall: increasing (-1057.45%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 to Q3 2022 reveals significant fluctuations in key performance indicators.  Liabilities on revenue and current assets on revenue display a decrease overall, but with large quarter-to-quarter changes. The ratio of retained earnings to revenue shows a trend of increasing profitability despite considerable volatility.  Investment efficiency, measured by retained earnings on assets, shows an increasing trend but with substantial fluctuations.  Earnings per share exhibit notable swings throughout the period, from a negative value in Q1 to a positive in Q3. The data signals significant volatility in financial performance across several key metrics.