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 408.98 (%).Trend:Increase 88.95% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 93.18 (%).Trend:Decrease 77.22% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 45.35 (%).Trend:Decrease 51.33% than previous quarter

Overall: decreasing (-88.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 825.07 (%).Trend:Increase 136.46% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 257.9 (%).Trend:Decrease 68.74% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 173.35 (%).Trend:Decrease 32.78% than previous quarter

Overall: decreasing (-78.99%). 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 -1039.1 (%).Trend:Increase 92.79% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -284.98 (%).Trend:Decrease 72.57% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -184.31 (%).Trend:Decrease 35.33% than previous quarter

Overall: increasing (-82.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.22 (%).Trend:Decrease 2.79% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.45 (%).Trend:Decrease 34.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.65 (%).Trend:Increase 1.08% than previous quarter

Overall: decreasing (-33.91%). Fluctuation: **Neutral** (moderate 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 -117.4 (%).Trend:Decrease 18.02% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -103.2 (%).Trend:Decrease 12.1% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -99.26 (%).Trend:Decrease 3.82% than previous quarter

Overall: increasing (-15.45%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.26 (USD).Trend:Decrease 230.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.29 (USD).Trend:Increase 396.15% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 22.48% than previous quarter

Overall: increasing (284.62%). Fluctuation: **Significant** (high variation).



Financial statement analysis reveals significant fluctuations in key financial metrics during Q1-Q3 2022.  Working capital efficiency shows decreasing trends in liabilities and current assets on revenue, with high volatility. Cost efficiency shows a decreasing SG&A expense ratio but significant fluctuation in the ratio of retained earnings to revenue, indicating an increasing trend. Investment efficiency reflects a decreasing trend in retained earnings on assets, also with significant variation.  Earnings per share displayed a substantial overall increase with significant quarter-to-quarter volatility.