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 88.74 (%).Trend:Increase 310.26% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.31 (%).Trend:Decrease 62.46% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.62 (%).Trend:Decrease 23.09% than previous quarter

Overall: decreasing (-71.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 438.27 (%).Trend:Increase 323.94% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 163.55 (%).Trend:Decrease 62.68% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 118.49 (%).Trend:Decrease 27.55% than previous quarter

Overall: decreasing (-72.96%). 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 504.47 (%).Trend:Increase 329.41% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 185.76 (%).Trend:Decrease 63.18% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 120.05 (%).Trend:Decrease 35.37% than previous quarter

Overall: decreasing (-76.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.08 (%).Trend:Increase 81.03% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.92 (%).Trend:Decrease 23.05% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.68 (%).Trend:Increase 11.08% than previous quarter

Overall: decreasing (-14.52%). 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 43.67 (%).Trend:Decrease 2.74% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 44.14 (%).Trend:Increase 1.08% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 40.52 (%).Trend:Decrease 8.2% than previous quarter

Overall: decreasing (-7.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.52 (USD).Trend:Decrease 22.39% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.64 (USD).Trend:Increase 23.08% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.14 (USD).Trend:Increase 78.12% than previous quarter

Overall: decreasing (119.23%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly (-71.13%) in Q1-Q3 2022, then increased dramatically. Current assets on revenue also declined substantially (-72.96%) with high volatility. Cost efficiency, measured by the ratio of retained earnings to revenue, fell significantly (-76.2%) with high variance.  SG&A expense ratio decreased (-14.52%) with moderate fluctuation. Investment efficiency (retained earnings on assets) decreased by a smaller margin (-7.21%) with minor variation. Earnings per share (EPS) trended downward with significant volatility. EPS experienced a steep decline from Q1 to Q3 2022.