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 200.2 (%).Trend:Increase 202.28% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 94.82 (%).Trend:Decrease 52.64% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 59.79 (%).Trend:Decrease 36.94% than previous quarter

Overall: decreasing (-70.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 173.99 (%).Trend:Increase 135.79% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 99.46 (%).Trend:Decrease 42.84% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 63.66 (%).Trend:Decrease 35.99% than previous quarter

Overall: decreasing (-63.41%). 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 -287.3 (%).Trend:Increase 251.39% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -161.56 (%).Trend:Decrease 43.77% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -113.1 (%).Trend:Decrease 30.0% than previous quarter

Overall: increasing (-60.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.65 (%).Trend:Decrease 4.12% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.56 (%).Trend:Increase 9.19% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.37 (%).Trend:Increase 2.34% than previous quarter

Overall: increasing (11.75%). 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 -75.2 (%).Trend:Increase 36.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -78.94 (%).Trend:Increase 4.97% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -83.55 (%).Trend:Increase 5.84% than previous quarter

Overall: decreasing (11.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.34 (USD).Trend:Decrease 67.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.31 (USD).Trend:Decrease 8.82% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.39 (USD).Trend:Increase 25.81% than previous quarter

Overall: increasing (14.71%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q1 2022 to Q3 2022 indicate substantial fluctuations in key financial metrics.  Working capital efficiency shows decreasing trends for both liabilities and current assets on revenue.  Cost efficiency shows a slight increase in SG&A expense, while the retained earnings-to-revenue ratio exhibits a notable, yet overall increasing, trend.  Investment efficiency shows a consistent decrease in retained earnings on assets, and earnings per share reveal an overall increase but with noticeable quarterly variance.