Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 1528.34 (%).Trend:Decrease 86.91% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 672.83 (%).Trend:Decrease 55.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 155.53 (%).Trend:Decrease 76.88% than previous quarter

Overall: decreasing (-89.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 1434.62 (%).Trend:Decrease 89.45% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 496.43 (%).Trend:Decrease 65.4% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 101.24 (%).Trend:Decrease 79.61% than previous quarter

Overall: decreasing (-92.94%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1480.52 (%).Trend:Decrease 90.77% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 276.83 (%).Trend:Decrease 81.3% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.43 (%).Trend:Decrease 91.9% than previous quarter

Overall: decreasing (-98.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 210.14 (%).Trend:Decrease 82.07% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.66 (%).Trend:Decrease 84.46% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.3 (%).Trend:Decrease 34.78% than previous quarter

Overall: decreasing (-89.86%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets 17.18 (%).Trend:Decrease 21.37% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.43 (%).Trend:Decrease 50.93% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 3.6 (%).Trend:Decrease 57.3% than previous quarter

Overall: decreasing (-79.05%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -6.14 (USD).Trend:Increase 69.15% than previous quarter
Year 2022 Quarter 1: Earning Per Share -1.66 (USD).Trend:Decrease 72.96% than previous quarter
Year 2022 Quarter 3: Earning Per Share -3.89 (USD).Trend:Increase 134.34% than previous quarter

Overall: increasing (-36.64%). Fluctuation: **Significant** (high variation).



From Q3 2021 to Q3 2022, financial performance deteriorated significantly.  Working capital efficiency is drastically reduced, as liabilities on revenue decreased by 89.82% and current assets on revenue dropped by 92.94%.  Cost efficiency is critically low, with the ratio of retained earnings to revenue plummeting by 98.48% and SG&A expenses decreasing by 89.86%. Investment efficiency also declined sharply (-79.05%).  Despite an overall increase, earnings per share remained negative, reflecting persistent losses.  The data reveals substantial fluctuations across all examined metrics.