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 115.6 (%).Trend:Increase 158.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 66.93 (%).Trend:Decrease 42.1% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 44.93 (%).Trend:Decrease 32.87% than previous quarter

Overall: decreasing (-61.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 213.61 (%).Trend:Increase 130.78% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 113.77 (%).Trend:Decrease 46.74% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 71.66 (%).Trend:Decrease 37.01% than previous quarter

Overall: decreasing (-66.45%). 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 72.71 (%).Trend:Increase 105.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -2.33 (%).Trend:Decrease 103.2% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -12.06 (%).Trend:Increase 417.6% than previous quarter

Overall: decreasing (-116.59%). 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 17.78 (%).Trend:Decrease 12.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -1.2 (%).Trend:Decrease 106.75% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -9.53 (%).Trend:Increase 694.17% than previous quarter

Overall: decreasing (-153.6%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q1 2022 to Q3 2022 shows substantial volatility. Liabilities on revenue decreased significantly, followed by a sharp decrease in current assets. The ratio of retained earnings to revenue continuously declined with extreme fluctuations across the quarters.  Investment efficiency (retained earnings on assets) exhibits a significant decrease over the period, characterized by substantial quarterly variations. The data indicates a period of significant financial instability, demanding a thorough examination of underlying causes for informed strategic decisions.