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 73.47 (%).Trend:Increase 278.32% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.34 (%).Trend:Decrease 51.9% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.51 (%).Trend:Decrease 39.13% than previous quarter

Overall: decreasing (-70.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 89.54 (%).Trend:Increase 216.84% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 39.19 (%).Trend:Decrease 56.23% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 21.98 (%).Trend:Decrease 43.91% than previous quarter

Overall: decreasing (-75.45%). 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 -75.78 (%).Trend:Increase 353.5% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -42.15 (%).Trend:Decrease 44.38% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -32.13 (%).Trend:Decrease 23.77% than previous quarter

Overall: increasing (-57.6%). 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 -53.29 (%).Trend:Increase 36.22% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -64.57 (%).Trend:Increase 21.17% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -80.18 (%).Trend:Increase 24.18% than previous quarter

Overall: decreasing (50.46%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -3.04 (USD).Trend:Decrease 547.06% than previous quarter
Year 2022 Quarter 2: Earning Per Share -6.62 (USD).Trend:Increase 117.76% than previous quarter
Year 2022 Quarter 3: Earning Per Share -9.28 (USD).Trend:Increase 40.18% than previous quarter

Overall: decreasing (205.26%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2022 to Q3 2022 data reveals considerable volatility and negative trends.  Both liabilities and current assets on revenue decreased sharply, suggesting potential working capital challenges.  Retained earnings on assets and earnings per share also decreased significantly, indicating serious financial concerns. While the ratio of retained earnings to revenue showed an overall increase, the significant fluctuations highlight instability.