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 57.93 (%).Trend:Increase 131.63% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 36.01 (%).Trend:Decrease 37.84% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.06 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-58.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 135.96 (%).Trend:Increase 130.91% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.6 (%).Trend:Decrease 51.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.21 (%).Trend:Decrease 33.62% than previous quarter

Overall: decreasing (-67.48%). 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 -697.23 (%).Trend:Increase 114.91% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -314.83 (%).Trend:Decrease 54.85% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -187.95 (%).Trend:Decrease 40.3% than previous quarter

Overall: increasing (-73.04%). 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 -208.59 (%).Trend:Increase 1.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -206.27 (%).Trend:Decrease 1.11% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -196.82 (%).Trend:Decrease 4.58% than previous quarter

Overall: increasing (-5.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.23 (USD).Trend:Decrease 85.71% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.26 (USD).Trend:Increase 13.04% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.21 (USD).Trend:Decrease 180.77% than previous quarter

Overall: increasing (-191.3%). Fluctuation: **Significant** (high variation).



Significant fluctuations are observed in working capital efficiency metrics. Liabilities on revenue decreased substantially from Q1 to Q3 2022, but increased drastically in Q1 2023. Current assets on revenue also decreased significantly from Q1 to Q3 2022, then experienced a huge increase in Q1 2023.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows an increasing trend overall but with high quarter-to-quarter variability.  Investment efficiency, as measured by retained earnings on assets, displays a slight overall increase with significant fluctuations. Earnings per share also show substantial volatility, with increases and decreases across the quarters.