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 305.85 (%).Trend:Increase 68.95% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 122.86 (%).Trend:Decrease 59.83% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 69.54 (%).Trend:Decrease 43.4% than previous quarter

Overall: decreasing (-77.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 121.69 (%).Trend:Increase 45.44% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 69.82 (%).Trend:Decrease 42.62% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.88 (%).Trend:Decrease 41.45% than previous quarter

Overall: decreasing (-66.41%). 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 -69.38 (%).Trend:Increase 45.12% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -15.04 (%).Trend:Decrease 78.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -3.14 (%).Trend:Decrease 79.12% than previous quarter

Overall: increasing (-95.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.78 (%).Trend:Decrease 22.99% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.19 (%).Trend:Decrease 21.22% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.05 (%).Trend:Decrease 6.39% than previous quarter

Overall: decreasing (-26.26%). Fluctuation: **Neutral** (moderate 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 -7.91 (%).Trend:Decrease 4.7% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.89 (%).Trend:Decrease 50.82% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -1.33 (%).Trend:Decrease 65.81% than previous quarter

Overall: increasing (-83.19%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements reveal significant fluctuations in working capital efficiency, with liabilities and current assets on revenue both exhibiting substantial quarterly changes.  Cost efficiency demonstrates a general decline in the SG&A expense ratio, but with somewhat stable quarterly trends.  Significant fluctuations are also evident in the ratio of retained earnings to revenue and retained earnings on assets, which points to unstable profitability and asset utilization.  Detailed analysis of the underlying factors is necessary to evaluate the financial health and future prospects of the company.