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 122.55 (%).Trend:Increase 134.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 57.18 (%).Trend:Decrease 53.34% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.73 (%).Trend:Decrease 23.52% than previous quarter

Overall: decreasing (-64.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 316.47 (%).Trend:Increase 89.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 138.48 (%).Trend:Decrease 56.24% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.96 (%).Trend:Decrease 35.04% than previous quarter

Overall: decreasing (-71.57%). 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 -553.59 (%).Trend:Increase 149.42% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -287.34 (%).Trend:Decrease 48.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -205.6 (%).Trend:Decrease 28.45% than previous quarter

Overall: increasing (-62.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.9 (%).Trend:Decrease 19.91% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.28 (%).Trend:Increase 1.16% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.13 (%).Trend:Decrease 0.45% than previous quarter

Overall: increasing (0.7%). 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 -116.28 (%).Trend:Increase 25.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -133.45 (%).Trend:Increase 14.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -143.84 (%).Trend:Increase 7.79% than previous quarter

Overall: decreasing (23.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.61 (USD).Trend:Decrease 69.8% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.17 (USD).Trend:Increase 91.8% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.66 (USD).Trend:Increase 41.88% than previous quarter

Overall: decreasing (172.13%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show substantial fluctuation across key performance indicators. Liabilities on revenue decreased considerably from Q1 to Q3, showing a significant decrease overall. Current assets on revenue also display substantial decreases.  Cost efficiency metrics, the retained earnings-to-revenue ratio, are in an overall decreasing trend and vary greatly across the quarters. The SG&A expense ratio, in contrast, shows a slight overall upward trend but with minimal variation. Investment efficiency and earnings per share both display significant variability and downward trends.