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 276.96 (%).Trend:Increase 176.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 138.37 (%).Trend:Decrease 50.04% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 94.66 (%).Trend:Decrease 31.59% than previous quarter

Overall: decreasing (-65.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 1695.01 (%).Trend:Increase 85.97% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 723.21 (%).Trend:Decrease 57.33% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 393.98 (%).Trend:Decrease 45.52% than previous quarter

Overall: decreasing (-76.76%). 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 -3514.62 (%).Trend:Increase 192.89% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -1924.89 (%).Trend:Decrease 45.23% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1292.73 (%).Trend:Decrease 32.84% than previous quarter

Overall: increasing (-63.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 128.15 (%).Trend:Decrease 17.78% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 171.59 (%).Trend:Increase 33.9% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 148.27 (%).Trend:Decrease 13.59% than previous quarter

Overall: increasing (15.7%). 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 -192.91 (%).Trend:Increase 52.5% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -248.02 (%).Trend:Increase 28.57% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -303.79 (%).Trend:Increase 22.49% than previous quarter

Overall: decreasing (57.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.64 (USD).Trend:Increase 48.84% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.58 (USD).Trend:Increase 146.88% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.21 (USD).Trend:Increase 39.87% than previous quarter

Overall: decreasing (245.31%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize all financial metrics from Q1 2022 to Q3 2022.  Liabilities on revenue and current assets on revenue decreased significantly, while the ratio of retained earnings to revenue showed a net increase despite significant volatility.  SG&A expense ratio displayed moderate variation with a slight overall increase. Investment efficiency metrics, retained earnings on assets and earnings per share, decreased substantially.