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 71.71 (%).Trend:Increase 209.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.32 (%).Trend:Decrease 53.54% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.64 (%).Trend:Decrease 38.06% than previous quarter

Overall: decreasing (-71.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 169.68 (%).Trend:Increase 200.27% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 81.57 (%).Trend:Decrease 51.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.61 (%).Trend:Decrease 34.28% than previous quarter

Overall: decreasing (-68.41%). 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 -173.66 (%).Trend:Increase 190.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -91.14 (%).Trend:Decrease 47.52% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -61.25 (%).Trend:Decrease 32.8% than previous quarter

Overall: increasing (-64.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.51 (%).Trend:Decrease 4.37% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.15 (%).Trend:Increase 6.09% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.1 (%).Trend:Decrease 9.42% than previous quarter

Overall: decreasing (-3.9%). 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 -37.33 (%).Trend:Increase 1.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -40.3 (%).Trend:Increase 7.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -41.82 (%).Trend:Increase 3.77% than previous quarter

Overall: decreasing (12.03%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2022 show significant fluctuations in various metrics. Working capital efficiency (liabilities and current assets on revenue) is decreasing, with substantial quarter-to-quarter variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits a pattern of increasing negative values and significant fluctuations.  The selling, general, and administrative (SG&A) expense ratio is trending downward with little variation. Investment efficiency (retained earnings on assets) displays a consistent downward trend with substantial changes between quarters.  These significant fluctuations require deeper analysis to identify underlying causes and their impact on financial health.