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 152.78 (%).Trend:Increase 399.28% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 72.08 (%).Trend:Decrease 52.82% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 38.72 (%).Trend:Decrease 46.28% than previous quarter

Overall: decreasing (-74.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 79.01 (%).Trend:Decrease 58.33% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 44.27 (%).Trend:Decrease 43.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 24.2 (%).Trend:Decrease 45.34% than previous quarter

Overall: decreasing (-69.37%). 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 -1569.79 (%).Trend:Decrease 45.68% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -625.13 (%).Trend:Decrease 60.18% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -398.49 (%).Trend:Decrease 36.25% than previous quarter

Overall: increasing (-74.62%). 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 -132.62 (%).Trend:Decrease 82.64% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -128.22 (%).Trend:Decrease 3.32% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -114.46 (%).Trend:Decrease 10.73% than previous quarter

Overall: increasing (-13.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.14 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.13 (USD).Trend:Decrease 7.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.03 (USD).Trend:Decrease 123.08% than previous quarter

Overall: increasing (-121.43%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2022 reveals significant volatility. Liabilities on revenue decreased sharply after a massive increase in Q1, while current assets on revenue also experienced a substantial, consistent decline. Cost efficiency, as measured by the retained earnings-to-revenue ratio, showed a strong overall increase, yet with substantial quarter-to-quarter fluctuations.  Investment efficiency, indicated by retained earnings on assets, exhibited a moderate overall increase but significant quarterly variations. Earnings per share were negative and saw significant fluctuations throughout the period.