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 59.55 (%).Trend:Decrease 12.99% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.74 (%).Trend:Decrease 51.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.04 (%).Trend:Decrease 33.75% than previous quarter

Overall: decreasing (-68.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 176.53 (%).Trend:Increase 24.89% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.95 (%).Trend:Decrease 62.07% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.19 (%).Trend:Decrease 28.02% than previous quarter

Overall: decreasing (-72.7%). 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 81.33 (%).Trend:Increase 44.02% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.35 (%).Trend:Decrease 60.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.05 (%).Trend:Decrease 25.66% than previous quarter

Overall: decreasing (-70.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.92 (%).Trend:Increase 20.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.78 (%).Trend:Decrease 9.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.21 (%).Trend:Increase 13.27% than previous quarter

Overall: increasing (2.43%). Fluctuation: **Little** (low 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 15.92 (%).Trend:Decrease 11.01% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 15.32 (%).Trend:Decrease 3.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.17 (%).Trend:Decrease 0.98% than previous quarter

Overall: decreasing (-4.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 101.51% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.29 (USD).Trend:Decrease 514.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.52 (USD).Trend:Increase 79.31% than previous quarter

Overall: decreasing (-842.86%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 reveal a severe decline in various financial metrics. Liabilities and current assets on revenue are decreasing sharply, with significant volatility, indicating working capital problems. Cost efficiency, as measured by the ratio of retained earnings to revenue, is deteriorating sharply. SG&A expense shows a minor increase, while investment efficiency and earning per share experience substantial negative trends, suggesting a critical need for urgent corrective measures.