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 70.72 (%).Trend:Increase 256.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.28 (%).Trend:Decrease 55.77% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.54 (%).Trend:Decrease 27.94% than previous quarter

Overall: decreasing (-68.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 230.4 (%).Trend:Increase 161.94% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 106.2 (%).Trend:Decrease 53.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 70.45 (%).Trend:Decrease 33.66% than previous quarter

Overall: decreasing (-69.42%). 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 -292.16 (%).Trend:Increase 219.23% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -147.68 (%).Trend:Decrease 49.45% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -101.08 (%).Trend:Decrease 31.55% than previous quarter

Overall: increasing (-65.4%). 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 -77.35 (%).Trend:Increase 20.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -83.07 (%).Trend:Increase 7.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -86.76 (%).Trend:Increase 4.44% than previous quarter

Overall: decreasing (12.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 104.55% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 1100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 130.0% than previous quarter

Overall: increasing (-2400.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1, Q2, and Q3 of 2022 display considerable volatility. Liabilities on revenue declined significantly from the first quarter to the third. Current assets on revenue also show a clear downward trend with substantial variation between the quarters. Cost efficiency, measured by retained earnings to revenue, displays a trend of rising figures but with large fluctuations. Investment efficiency, represented by retained earnings on assets, shows a steady decline throughout. Earnings per share show significant volatility, increasing slightly in the third quarter after large decreases in the prior quarters.