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 139.73 (%).Trend:Increase 245.44% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 63.78 (%).Trend:Decrease 54.35% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 44.45 (%).Trend:Decrease 30.31% than previous quarter

Overall: decreasing (-68.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 154.44 (%).Trend:Increase 189.05% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.95 (%).Trend:Decrease 56.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 47.25 (%).Trend:Decrease 29.42% than previous quarter

Overall: decreasing (-69.41%). 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 -471.02 (%).Trend:Increase 264.59% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -216.02 (%).Trend:Decrease 54.14% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -140.68 (%).Trend:Decrease 34.88% than previous quarter

Overall: increasing (-70.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.5 (%).Trend:Increase 23.99% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.09 (%).Trend:Decrease 6.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.5 (%).Trend:Increase 2.04% than previous quarter

Overall: decreasing (-4.65%). 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 -103.86 (%).Trend:Increase 10.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -107.39 (%).Trend:Increase 3.4% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -103.49 (%).Trend:Decrease 3.63% than previous quarter

Overall: increasing (-0.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.1 (USD).Trend:Decrease 137.04% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.21 (USD).Trend:Increase 110.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.16 (USD).Trend:Decrease 23.81% than previous quarter

Overall: decreasing (60.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2022 to Q3 2022 reveals continued volatility.  Liabilities and current assets on revenue are decreasing, with significant fluctuations.  Retained earnings ratios continue a negative trend with high variation.  SG&A expenses trend downwards.  Investment efficiency and earnings per share show significant downward trends.  These metrics suggest an unstable financial position that warrants further investigation.