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 82.86 (%).Trend:Increase 196.56% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 142.34 (%).Trend:Increase 71.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 96.44 (%).Trend:Decrease 32.25% than previous quarter

Overall: increasing (16.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 168.39 (%).Trend:Increase 241.28% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 83.82 (%).Trend:Decrease 50.22% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 60.75 (%).Trend:Decrease 27.52% than previous quarter

Overall: decreasing (-63.92%). 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 -184.93 (%).Trend:Increase 261.97% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -90.62 (%).Trend:Decrease 51.0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -62.52 (%).Trend:Decrease 31.01% than previous quarter

Overall: increasing (-66.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.61 (%).Trend:Increase 4.99% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.65 (%).Trend:Decrease 6.01% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.66 (%).Trend:Decrease 16.28% than previous quarter

Overall: decreasing (-21.31%). Fluctuation: **Neutral** (moderate 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 -56.45 (%).Trend:Increase 16.37% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -58.83 (%).Trend:Increase 4.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -62.86 (%).Trend:Increase 6.85% than previous quarter

Overall: decreasing (11.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.86 (USD).Trend:Decrease 81.39% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.34 (USD).Trend:Increase 55.81% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.0 (USD).Trend:Decrease 25.37% than previous quarter

Overall: decreasing (16.28%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 to Q3 2022 demonstrates high volatility. Liabilities on revenue display a fluctuating increase and decrease. Current assets on revenue initially increased sharply then declined significantly. Cost efficiency shows a fluctuating increase in retained earnings-to-revenue ratios.  SG&A expense ratios decline slightly, indicating slight cost-cutting measures.  Investment efficiency and earnings per share both exhibit significant downward trends.