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 290.92 (%).Trend:Increase 545.63% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 122.82 (%).Trend:Decrease 57.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 67.86 (%).Trend:Decrease 44.75% than previous quarter

Overall: decreasing (-76.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 152.29 (%).Trend:Increase 218.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.02 (%).Trend:Decrease 56.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 47.71 (%).Trend:Decrease 27.73% than previous quarter

Overall: decreasing (-68.67%). 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 -100.2 (%).Trend:Decrease 14.94% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -41.87 (%).Trend:Decrease 58.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -23.59 (%).Trend:Decrease 43.66% than previous quarter

Overall: increasing (-76.46%). 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 -14.96 (%).Trend:Decrease 86.49% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -15.5 (%).Trend:Increase 3.61% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -14.38 (%).Trend:Decrease 7.23% than previous quarter

Overall: increasing (-3.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 42.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.09 (USD).Trend:Decrease 43.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.16 (USD).Trend:Increase 77.78% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2022 reveals significant fluctuations in key metrics. Liabilities and current assets on revenue both decreased substantially.  Conversely, the ratio of retained earnings to revenue improved, though remaining negative. Retained earnings on assets showed minor improvement, while earnings per share stayed relatively constant.  High variability warrants further investigation.