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 411.54 (%).Trend:Increase 234.91% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 124.0 (%).Trend:Decrease 69.87% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 79.17 (%).Trend:Decrease 36.15% than previous quarter

Overall: decreasing (-80.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 490.59 (%).Trend:Increase 128.84% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 161.4 (%).Trend:Decrease 67.1% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 100.04 (%).Trend:Decrease 38.02% than previous quarter

Overall: decreasing (-79.61%). 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 -2468.07 (%).Trend:Increase 173.46% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -792.48 (%).Trend:Decrease 67.89% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -650.89 (%).Trend:Decrease 17.87% than previous quarter

Overall: increasing (-73.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 71.84 (%).Trend:Decrease 14.48% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.93 (%).Trend:Decrease 43.03% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.51 (%).Trend:Increase 11.19% than previous quarter

Overall: decreasing (-36.65%). Fluctuation: **Significant** (high variation).


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 -284.44 (%).Trend:Increase 23.27% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -286.22 (%).Trend:Increase 0.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -354.53 (%).Trend:Increase 23.87% than previous quarter

Overall: decreasing (24.64%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2022 reveals substantial volatility in key financial ratios.  Liabilities and current assets on revenue decreased significantly (-80.76% and -79.61% respectively), indicating potential working capital issues.  The ratio of retained earnings to revenue showed a net increase despite quarter-to-quarter fluctuations, suggesting inconsistent profitability.  SG&A expense ratio generally decreased, but with noticeable variation.  Retained earnings on assets also declined.