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 137.04 (%).Trend:Increase 147.99% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 63.21 (%).Trend:Decrease 53.87% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.79 (%).Trend:Decrease 60.78% than previous quarter

Overall: decreasing (-81.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 70.86 (%).Trend:Increase 171.81% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 38.05 (%).Trend:Decrease 46.3% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 24.46 (%).Trend:Decrease 35.72% than previous quarter

Overall: decreasing (-65.48%). 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 -433.9 (%).Trend:Increase 43.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -171.88 (%).Trend:Decrease 60.39% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -74.4 (%).Trend:Decrease 56.71% than previous quarter

Overall: increasing (-82.85%). 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 -97.83 (%).Trend:Decrease 37.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -78.88 (%).Trend:Decrease 19.37% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -46.36 (%).Trend:Decrease 41.23% than previous quarter

Overall: increasing (-52.61%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -2.92 (USD).Trend:Decrease 1.68% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 106.16% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.66 (USD).Trend:Increase 4155.56% than previous quarter

Overall: increasing (-362.33%). Fluctuation: **Significant** (high variation).



The financial analysis of Q1-Q3 2022 reveals a complex financial picture. Working capital efficiency metrics show a substantial decrease in both liabilities and current assets on revenue.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is increasing, however, with significant variability.  Investment efficiency, evaluated through retained earnings on assets, also demonstrates an increasing trend. Earnings per share exhibit significant variation, increasing considerably from Q1 to Q3. These findings highlight significant and potentially disruptive changes within the company's financial performance.