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 175.27 (%).Trend:Increase 158.97% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 91.36 (%).Trend:Decrease 47.87% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 62.94 (%).Trend:Decrease 31.11% than previous quarter

Overall: decreasing (-64.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 326.24 (%).Trend:Increase 159.04% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 157.04 (%).Trend:Decrease 51.86% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 108.54 (%).Trend:Decrease 30.88% than previous quarter

Overall: decreasing (-66.73%). 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 -454.39 (%).Trend:Increase 171.86% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -218.14 (%).Trend:Decrease 51.99% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -152.89 (%).Trend:Decrease 29.91% than previous quarter

Overall: increasing (-66.35%). 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 -102.61 (%).Trend:Increase 4.74% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -102.63 (%).Trend:Increase 0.02% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -104.18 (%).Trend:Increase 1.51% than previous quarter

Overall: decreasing (1.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 120.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.01 (USD).Trend:Increase 0.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.02 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (100.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2022 to Q3 2022 indicates substantial volatility in key financial metrics.  Liability-to-revenue and current asset-to-revenue ratios experienced substantial swings, declining overall.  Cost efficiency, measured by retained earnings to revenue, demonstrated a rising trend, despite negative values.  Investment efficiency, based on retained earnings on assets, displayed a slight decline.  Earnings per share also declined. The data strongly suggests significant fluctuations and a need for closer investigation into the underlying causes.