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 223.07 (%).Trend:Increase 275.6% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 124.18 (%).Trend:Decrease 44.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 81.18 (%).Trend:Decrease 34.63% than previous quarter

Overall: decreasing (-63.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 369.89 (%).Trend:Increase 189.84% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 185.97 (%).Trend:Decrease 49.72% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 116.48 (%).Trend:Decrease 37.37% than previous quarter

Overall: decreasing (-68.51%). 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 -303.84 (%).Trend:Increase 272.67% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -165.67 (%).Trend:Decrease 45.47% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -117.11 (%).Trend:Decrease 29.31% than previous quarter

Overall: increasing (-61.46%). 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 -35.53 (%).Trend:Increase 28.27% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -39.84 (%).Trend:Increase 12.13% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -45.57 (%).Trend:Increase 14.38% than previous quarter

Overall: decreasing (28.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.58 (USD).Trend:Decrease 60.81% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.11 (USD).Trend:Increase 91.38% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.67 (USD).Trend:Increase 50.45% than previous quarter

Overall: decreasing (187.93%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 reveals significant fluctuations. Liabilities on revenue decreased from Q1 to Q3. Current assets on revenue also decreased over the period.  Cost efficiency, as measured by the ratio of retained earnings to revenue, displays increased volatility with fluctuating decreases.  Investment efficiency shows a steady negative trend. Earnings per share also experienced significant declines and increases.