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 60.14 (%).Trend:Increase 14.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.63 (%).Trend:Decrease 19.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 38.35 (%).Trend:Decrease 21.14% than previous quarter

Overall: decreasing (-36.23%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 74.51 (%).Trend:Increase 65.06% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 39.81 (%).Trend:Decrease 46.57% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 29.48 (%).Trend:Decrease 25.95% than previous quarter

Overall: decreasing (-60.43%). 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 -90.99 (%).Trend:Increase 108.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -40.61 (%).Trend:Decrease 55.37% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -36.33 (%).Trend:Decrease 10.54% than previous quarter

Overall: increasing (-60.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.25 (%).Trend:Decrease 39.9% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.11 (%).Trend:Decrease 11.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.08 (%).Trend:Decrease 2.7% than previous quarter

Overall: decreasing (-13.6%). 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 -17.39 (%).Trend:Increase 48.76% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -15.28 (%).Trend:Decrease 12.13% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -20.35 (%).Trend:Increase 33.18% than previous quarter

Overall: decreasing (17.02%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -3.41 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.49 (USD).Trend:Decrease 85.63% than previous quarter
Year 2022 Quarter 3: Earning Per Share -9.94 (USD).Trend:Increase 1928.57% than previous quarter

Overall: decreasing (191.5%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 to Q3 2022 indicates significant fluctuations in working capital efficiency.  Liabilities on revenue decreased, while current assets on revenue experienced a sharp drop. Cost efficiency shows an increasing ratio of retained earnings to revenue with high variation, while SG&A expense ratio steadily decreased.  Investment efficiency reveals a decrease in retained earnings on assets and substantial fluctuations in earnings per share. The data signifies considerable instability and uncertainty in financial performance.