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 90.39 (%).Trend:Increase 273.05% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 46.46 (%).Trend:Decrease 48.6% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 33.65 (%).Trend:Decrease 27.57% than previous quarter

Overall: decreasing (-62.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 152.12 (%).Trend:Increase 251.8% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 74.07 (%).Trend:Decrease 51.31% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 51.31 (%).Trend:Decrease 30.73% than previous quarter

Overall: decreasing (-66.27%). 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 2.36 (%).Trend:Increase 112.61% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 0.66 (%).Trend:Decrease 72.03% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 0.81 (%).Trend:Increase 22.73% than previous quarter

Overall: decreasing (-65.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.86 (%).Trend:Increase 12.58% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.81 (%).Trend:Decrease 0.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.44 (%).Trend:Decrease 4.2% than previous quarter

Overall: decreasing (-4.74%). 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 0.98 (%).Trend:Decrease 38.36% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 0.57 (%).Trend:Decrease 41.84% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.04 (%).Trend:Increase 82.46% than previous quarter

Overall: increasing (6.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 101.43% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.05 (USD).Trend:Increase 400.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.11 (USD).Trend:Decrease 320.0% than previous quarter

Overall: increasing (-1200.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show a mixed picture. Liabilities and current assets on revenue have been decreasing, with substantial fluctuations. The ratio of retained earnings to revenue also declined with notable swings.  The SG&A expense ratio shows a slight decline. Investment efficiency (retained earnings on assets) is increasing, despite significant volatility. Earnings per share also show a fluctuating downward trend, with significant changes each quarter.