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 60.88 (%).Trend:Increase 99.21% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.4 (%).Trend:Decrease 46.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.27 (%).Trend:Decrease 15.83% than previous quarter

Overall: decreasing (-55.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 88.73 (%).Trend:Increase 129.51% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 43.33 (%).Trend:Decrease 51.17% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.26 (%).Trend:Decrease 25.55% than previous quarter

Overall: decreasing (-63.64%). 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 -2.41 (%).Trend:Decrease 1064.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -6.64 (%).Trend:Increase 175.52% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -3.18 (%).Trend:Decrease 52.11% than previous quarter

Overall: decreasing (31.95%). 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 -0.63 (%).Trend:Decrease 520.0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.72 (%).Trend:Increase 490.48% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -2.59 (%).Trend:Decrease 30.38% than previous quarter

Overall: decreasing (311.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 133.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.2 (USD).Trend:Decrease 281.82% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.11 (USD).Trend:Decrease 45.0% than previous quarter

Overall: decreasing (-200.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 reveals significant fluctuations in working capital efficiency. Liabilities on revenue decreased by 55.21% overall but exhibited considerable quarter-to-quarter variation. Current assets on revenue also showed a significant decrease of 63.64%, with substantial quarterly changes.  Cost efficiency, measured by the ratio of retained earnings to revenue, displayed a consistent decline of 31.95%, though with substantial swings.  Investment efficiency, gauged by retained earnings on assets, also saw a significant decline of 311.11% with substantial fluctuations. Earnings per share experienced a substantial decrease of 200%, showing significant volatility.  The data suggests potential issues with financial stability and significant risks.