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 235.84 (%).Trend:Increase 177.43% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 96.19 (%).Trend:Decrease 59.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 73.98 (%).Trend:Decrease 23.09% than previous quarter

Overall: decreasing (-68.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 1423.8 (%).Trend:Increase 96.48% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 570.22 (%).Trend:Decrease 59.95% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 339.77 (%).Trend:Decrease 40.41% than previous quarter

Overall: decreasing (-76.14%). 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 -4349.08 (%).Trend:Increase 167.41% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -2032.75 (%).Trend:Decrease 53.26% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1363.26 (%).Trend:Decrease 32.94% than previous quarter

Overall: increasing (-68.65%). 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 -200.26 (%).Trend:Increase 22.06% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -228.35 (%).Trend:Increase 14.03% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -254.97 (%).Trend:Increase 11.66% than previous quarter

Overall: decreasing (27.32%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.8 (USD).Trend:Decrease 72.7% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.6 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.68 (USD).Trend:Increase 67.5% than previous quarter

Overall: decreasing (235.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 to Q3 2022 financial data reveals significant fluctuations across key metrics. Liabilities on revenue and current assets on revenue decreased significantly, while the ratio of retained earnings to revenue showed an overall increase despite substantial quarterly variations. Retained earnings on assets decreased, and earnings per share also declined substantially, indicating potential financial concerns.  Further investigation is needed to understand the reasons for these large fluctuations.