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 353.9 (%).Trend:Increase 669.01% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 118.05 (%).Trend:Decrease 66.64% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 68.54 (%).Trend:Decrease 41.94% than previous quarter

Overall: decreasing (-80.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 830.22 (%).Trend:Increase 525.07% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 258.88 (%).Trend:Decrease 68.82% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 160.14 (%).Trend:Decrease 38.14% than previous quarter

Overall: decreasing (-80.71%). 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 -8074.88 (%).Trend:Increase 699.44% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -2931.7 (%).Trend:Decrease 63.69% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2006.64 (%).Trend:Decrease 31.55% than previous quarter

Overall: increasing (-75.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 163.73 (%).Trend:Increase 213.06% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 116.81 (%).Trend:Decrease 28.66% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 116.41 (%).Trend:Decrease 0.34% than previous quarter

Overall: decreasing (-28.9%). Fluctuation: **Neutral** (moderate 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 -906.48 (%).Trend:Increase 29.93% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -1066.26 (%).Trend:Increase 17.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -1197.02 (%).Trend:Increase 12.26% than previous quarter

Overall: decreasing (32.05%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 633.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.24 (USD).Trend:Increase 50.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.35 (USD).Trend:Increase 45.83% than previous quarter

Overall: decreasing (118.75%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2022 reveals significant financial volatility.  Key metrics show a concerning downward trend: liabilities and current assets on revenue decreased by over 80%, indicating potential working capital issues.  While the ratio of retained earnings to revenue showed an improvement, the magnitude of the change and accompanying volatility are noteworthy.  Similarly,  decreasing earnings per share (-118.75%) and retained earnings on assets (-32.05%) are cause for serious concern.  A thorough review is needed.