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 107.52 (%).Trend:Increase 254.85% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.39 (%).Trend:Decrease 53.13% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.97 (%).Trend:Decrease 44.49% than previous quarter

Overall: decreasing (-73.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 211.75 (%).Trend:Increase 171.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 93.41 (%).Trend:Decrease 55.89% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 56.54 (%).Trend:Decrease 39.47% than previous quarter

Overall: decreasing (-73.3%). 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 132.06 (%).Trend:Increase 165.93% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 58.76 (%).Trend:Decrease 55.51% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.68 (%).Trend:Decrease 34.17% than previous quarter

Overall: decreasing (-70.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.72 (%).Trend:Increase 14.63% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.41 (%).Trend:Increase 12.06% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.59 (%).Trend:Decrease 12.79% than previous quarter

Overall: decreasing (-2.27%). 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 19.04 (%).Trend:Decrease 8.24% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 18.52 (%).Trend:Decrease 2.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 20.15 (%).Trend:Increase 8.8% than previous quarter

Overall: increasing (5.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.39 (USD).Trend:Decrease 127.27% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.75 (USD).Trend:Increase 92.31% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.28 (USD).Trend:Decrease 62.67% than previous quarter

Overall: increasing (-28.21%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 highlight significant instability in several key areas. Liabilities and current assets on revenue are both decreasing dramatically, indicating a worrying trend.  The ratio of retained earnings to revenue also shows a considerable decline.  SG&A expense ratio displays a slight decrease over the period.  Investment efficiency shows a small overall increase. Earnings per share continue to experience large swings and negative performance.