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 92.88 (%).Trend:Increase 151.37% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.82 (%).Trend:Decrease 46.36% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.09 (%).Trend:Decrease 29.57% than previous quarter

Overall: decreasing (-62.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 438.73 (%).Trend:Increase 132.23% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 221.75 (%).Trend:Decrease 49.46% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 145.17 (%).Trend:Decrease 34.53% than previous quarter

Overall: decreasing (-66.91%). 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 -148.05 (%).Trend:Increase 344.86% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -104.99 (%).Trend:Decrease 29.08% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -93.06 (%).Trend:Decrease 11.36% than previous quarter

Overall: increasing (-37.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 43.74 (%).Trend:Increase 10.07% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.91 (%).Trend:Increase 0.39% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.0 (%).Trend:Increase 4.76% than previous quarter

Overall: increasing (5.17%). 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 -29.36 (%).Trend:Increase 88.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -40.22 (%).Trend:Increase 36.99% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -53.71 (%).Trend:Increase 33.54% than previous quarter

Overall: decreasing (82.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.17 (USD).Trend:Decrease 55.26% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.33 (USD).Trend:Increase 94.12% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.5 (USD).Trend:Increase 51.52% than previous quarter

Overall: decreasing (194.12%). Fluctuation: **Significant** (high variation).



Financial performance shows high volatility. Liabilities and current assets on revenue display significant decreases over the three quarters. The retained earnings-to-revenue ratio shows an overall increase (though still negative). The SG&A expense ratio shows a modest increase with little fluctuation. Investment efficiency and earnings per share show substantial declines with significant variations.