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 78.44 (%).Trend:Increase 176.88% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 39.79 (%).Trend:Decrease 49.27% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.14 (%).Trend:Decrease 29.28% than previous quarter

Overall: decreasing (-64.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 282.06 (%).Trend:Increase 214.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.9 (%).Trend:Decrease 52.53% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 88.72 (%).Trend:Decrease 33.74% than previous quarter

Overall: decreasing (-68.55%). 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 -26.33 (%).Trend:Increase 38.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -5.41 (%).Trend:Decrease 79.45% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2.98 (%).Trend:Decrease 44.92% than previous quarter

Overall: increasing (-88.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.69 (%).Trend:Increase 3.09% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.53 (%).Trend:Decrease 0.96% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.83 (%).Trend:Increase 1.81% than previous quarter

Overall: increasing (0.84%). 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 -4.91 (%).Trend:Decrease 54.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -2.08 (%).Trend:Decrease 57.64% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -1.69 (%).Trend:Decrease 18.75% than previous quarter

Overall: increasing (-65.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2022 reveals significant fluctuations in key financial ratios.  Liabilities on revenue and current assets on revenue decreased substantially, indicating potential working capital challenges.  Ratio of retained earnings to revenue improved significantly despite initially negative figures. SG&A expense remained relatively stable.  Retained earnings on assets showed improvement, but with high variability.