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 72.97 (%).Trend:Increase 686.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.47 (%).Trend:Decrease 65.1% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.49 (%).Trend:Increase 19.71% than previous quarter

Overall: decreasing (-58.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 108.17 (%).Trend:Increase 40.85% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 163.46 (%).Trend:Increase 51.11% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.28 (%).Trend:Decrease 45.38% than previous quarter

Overall: decreasing (-17.46%). 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 -191.54 (%).Trend:Increase 161.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -98.41 (%).Trend:Decrease 48.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -68.03 (%).Trend:Decrease 30.87% than previous quarter

Overall: increasing (-64.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.87 (%).Trend:Increase 2.94% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.68 (%).Trend:Increase 1.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.29 (%).Trend:Decrease 5.12% than previous quarter

Overall: decreasing (-3.44%). 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 -29.66 (%).Trend:Decrease 0.64% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -23.33 (%).Trend:Decrease 21.34% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -25.07 (%).Trend:Increase 7.46% than previous quarter

Overall: increasing (-15.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.4 (USD).Trend:Decrease 16.67% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.85 (USD).Trend:Increase 112.5% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 17.65% than previous quarter

Overall: decreasing (150.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2022 to Q3 2022 indicate a volatile period. Liabilities and current assets on revenue show significant fluctuations, suggesting possible instability in working capital management. Cost efficiency, measured by the ratio of retained earnings to revenue, displays a pronounced decreasing trend. SG&A expenses remain relatively stable with slight decrease, while investment efficiency and earnings per share display considerable variability, pointing to profitability challenges and fluctuations.