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 76.85 (%).Trend:Increase 226.6% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.85 (%).Trend:Decrease 55.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.54 (%).Trend:Decrease 24.55% than previous quarter

Overall: decreasing (-66.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 616.4 (%).Trend:Increase 92.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 365.74 (%).Trend:Decrease 40.67% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 183.65 (%).Trend:Decrease 49.79% than previous quarter

Overall: decreasing (-70.21%). 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 -163.89 (%).Trend:Increase 157.89% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -81.61 (%).Trend:Decrease 50.2% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -12.89 (%).Trend:Decrease 84.21% than previous quarter

Overall: increasing (-92.13%). 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 -12.45 (%).Trend:Increase 9.79% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -12.2 (%).Trend:Decrease 2.01% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -3.02 (%).Trend:Decrease 75.25% than previous quarter

Overall: increasing (-75.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 122.22% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 150.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.07 (USD).Trend:Increase 1970.0% than previous quarter

Overall: increasing (5075.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2022 financial statements highlight significant instability. Liabilities on revenue are decreasing but fluctuate greatly. Current assets on revenue also show a decreasing trend with high volatility. Cost efficiency, indicated by the ratio of retained earnings to revenue, is trending upward, however, with notable quarter-to-quarter fluctuations. Invest efficiency, as measured by retained earnings on assets, is also increasing but with large variations. Earning per share demonstrate a major increase, but with substantial quarter-to-quarter fluctuations.  Overall, the financial performance is highly volatile.