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 82.04 (%).Trend:Increase 181.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.16 (%).Trend:Decrease 51.05% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.44 (%).Trend:Decrease 31.67% than previous quarter

Overall: decreasing (-66.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 23.79 (%).Trend:Increase 203.83% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 12.93 (%).Trend:Decrease 45.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 8.3 (%).Trend:Decrease 35.81% than previous quarter

Overall: decreasing (-65.11%). 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 -55.62 (%).Trend:Increase 125.36% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -32.38 (%).Trend:Decrease 41.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -22.14 (%).Trend:Decrease 31.62% than previous quarter

Overall: increasing (-60.19%). 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 -19.8 (%).Trend:Decrease 16.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -22.72 (%).Trend:Increase 14.75% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -22.84 (%).Trend:Increase 0.53% than previous quarter

Overall: decreasing (15.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.85 (USD).Trend:Decrease 51.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.13 (USD).Trend:Decrease 84.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.49 (USD).Trend:Increase 276.92% than previous quarter

Overall: decreasing (-42.35%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 indicate considerable volatility. Liabilities on revenue decreased significantly but with large quarter-to-quarter differences. Current assets on revenue also showed a downward trend but with significant variations across the period. Cost efficiency, measured by the ratio of retained earnings to revenue, displayed a net increase but with significant fluctuations. Investment efficiency (retained earnings on assets) displayed a negative overall trend but with quarterly variability. Earnings per share also showed a substantial decrease throughout the period with marked swings.  The overall picture suggests a period of considerable financial instability with high volatility.