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 60.06 (%).Trend:Increase 216.77% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.72 (%).Trend:Decrease 52.18% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.82 (%).Trend:Decrease 37.95% than previous quarter

Overall: decreasing (-70.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 17.44 (%).Trend:Increase 192.62% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 8.41 (%).Trend:Decrease 51.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 5.8 (%).Trend:Decrease 31.03% than previous quarter

Overall: decreasing (-66.74%). 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 -125.71 (%).Trend:Increase 247.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -57.53 (%).Trend:Decrease 54.24% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -37.36 (%).Trend:Decrease 35.06% than previous quarter

Overall: increasing (-70.28%). 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 -41.89 (%).Trend:Increase 10.73% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -41.4 (%).Trend:Decrease 1.17% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -40.6 (%).Trend:Decrease 1.93% than previous quarter

Overall: increasing (-3.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 173.68% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.11 (USD).Trend:Decrease 21.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.09 (USD).Trend:Decrease 18.18% than previous quarter

Overall: increasing (-35.71%). Fluctuation: **Significant** (high variation).



Key financial insights show significant volatility across key performance indicators (KPIs). Working capital efficiency, measured by liabilities and current assets on revenue, experienced substantial fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, showed an overall increasing trend, but with high quarter-to-quarter variability.  Investment efficiency shows a very slight upward trend, but with notable quarter-to-quarter shifts. Earning per share trended downwards in the negative range, with substantial volatility. These findings indicate potential instability and need for closer analysis of the underlying causes.