Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 340.59 (%).Trend:Decrease 42.73% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 450.21 (%).Trend:Decrease 56.6% than previous quarter

Overall: increasing (32.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 372.18 (%).Trend:Decrease 41.37% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 482.58 (%).Trend:Decrease 56.23% than previous quarter

Overall: increasing (29.66%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -477.62 (%).Trend:Decrease 34.06% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -617.56 (%).Trend:Decrease 44.3% than previous quarter

Overall: decreasing (29.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets -66.94 (%).Trend:Decrease 3.6% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -69.85 (%).Trend:Increase 16.47% than previous quarter

Overall: decreasing (4.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.39 (USD).Trend:Increase 254.55% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.44 (USD).Trend:Increase 193.33% than previous quarter

Overall: decreasing (-212.82%). Fluctuation: **Significant** (high variation).



Q3 2021 to Q1 2022 financial statements show fluctuating performance.  Liabilities and current assets as a percentage of revenue increased, but with substantial variation. The retained earnings to revenue ratio decreased, indicating instability. Retained earnings on assets slightly decreased with significant fluctuation.  Earnings per share showed an initial increase followed by a decrease, highlighting the need for further analysis to understand these trends.