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 471.41 (%).Trend:Increase 690.16% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 495.55 (%).Trend:Increase 5.12% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 348.59 (%).Trend:Decrease 29.66% than previous quarter

Overall: decreasing (-26.05%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 558.14 (%).Trend:Increase 258.59% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 346.97 (%).Trend:Decrease 37.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 216.99 (%).Trend:Decrease 37.46% than previous quarter

Overall: decreasing (-61.12%). 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 -3081.66 (%).Trend:Increase 213.21% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -1351.8 (%).Trend:Decrease 56.13% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -865.59 (%).Trend:Decrease 35.97% than previous quarter

Overall: increasing (-71.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.99 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.05 (%).Trend:Increase 12.9% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55.57 (%).Trend:Increase 4.75% than previous quarter

Overall: increasing (18.26%). Fluctuation: **Little** (low 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 -443.02 (%).Trend:Decrease 2.4% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -191.9 (%).Trend:Decrease 56.68% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -202.72 (%).Trend:Increase 5.64% than previous quarter

Overall: increasing (-54.24%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.15 (USD).Trend:Decrease 28.57% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.06 (USD).Trend:Decrease 60.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.31 (USD).Trend:Increase 416.67% than previous quarter

Overall: decreasing (106.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 show a mixed picture. Liabilities on revenue decreased slightly, while current assets on revenue significantly decreased.  Cost efficiency saw an increase in the SG&A expense ratio, and a substantial increase (in negative terms) in the ratio of retained earnings to revenue. Investment efficiency shows a fluctuating retained earning on assets ratio, and earnings per share declined overall with significant fluctuation.  The overall trends point to a negative financial performance in 2022, with considerable variability in various metrics.