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 70.23 (%).Trend:Increase 193.97% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.46 (%).Trend:Decrease 49.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.69 (%).Trend:Decrease 41.65% than previous quarter

Overall: decreasing (-70.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 128.16 (%).Trend:Increase 149.92% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 59.1 (%).Trend:Decrease 53.89% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 35.34 (%).Trend:Decrease 40.2% than previous quarter

Overall: decreasing (-72.43%). 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 -21.79 (%).Trend:Increase 678.21% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -12.53 (%).Trend:Decrease 42.5% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -9.43 (%).Trend:Decrease 24.74% than previous quarter

Overall: increasing (-56.72%). 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 -4.74 (%).Trend:Increase 175.58% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -5.91 (%).Trend:Increase 24.68% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -6.95 (%).Trend:Increase 17.6% than previous quarter

Overall: decreasing (46.62%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 22.22% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.11 (USD).Trend:Increase 57.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.15 (USD).Trend:Increase 36.36% than previous quarter

Overall: decreasing (114.29%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2022 show significant volatility in financial performance. Liabilities on revenue declined overall, but with a dramatic increase in Q1.  Current assets on revenue similarly decreased overall with considerable variation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, appears to have an overall positive trend, although quarterly data exhibit substantial fluctuations. Investment efficiency remained in a negative trend and demonstrated significant volatility. Earnings per share also decreased overall with substantial variation across quarters.