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).



Key findings from Q1 2022 to Q3 2022 reveal substantial fluctuations.  Liabilities on revenue decreased (-80.63%), as did current assets on revenue (-80.71%), both exhibiting significant volatility.  The ratio of retained earnings to revenue increased significantly (-75.15%), while SG&A expense ratio decreased moderately (-28.9%).  Investment efficiency metrics were concerning, with retained earnings on assets decreasing (32.05%) and earnings per share decreasing sharply (118.75%), both showing high variability.