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 59.55 (%).Trend:Decrease 12.99% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.74 (%).Trend:Decrease 51.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.04 (%).Trend:Decrease 33.75% than previous quarter

Overall: decreasing (-68.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 176.53 (%).Trend:Increase 24.89% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.95 (%).Trend:Decrease 62.07% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.19 (%).Trend:Decrease 28.02% than previous quarter

Overall: decreasing (-72.7%). 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 81.33 (%).Trend:Increase 44.02% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.35 (%).Trend:Decrease 60.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.05 (%).Trend:Decrease 25.66% than previous quarter

Overall: decreasing (-70.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.92 (%).Trend:Increase 20.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.78 (%).Trend:Decrease 9.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.21 (%).Trend:Increase 13.27% than previous quarter

Overall: increasing (2.43%). 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 15.92 (%).Trend:Decrease 11.01% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 15.32 (%).Trend:Decrease 3.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.17 (%).Trend:Decrease 0.98% than previous quarter

Overall: decreasing (-4.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 101.51% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.29 (USD).Trend:Decrease 514.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.52 (USD).Trend:Increase 79.31% than previous quarter

Overall: decreasing (-842.86%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2022 to Q3 2022 showcases continuing significant fluctuations.  Liabilities and current assets on revenue are declining sharply (-68.03% and -72.7%, respectively), indicating serious working capital issues.  Cost efficiency (ratio of retained earnings to revenue) is also declining significantly (-70.43%).  While SG&A expense ratio shows a slight increase (2.43%), investment efficiency and earnings per share are declining, with negative earning per share figures. Urgent action is required to address these worrying financial trends.