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 426.77 (%).Trend:Increase 112.69% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 171.1 (%).Trend:Decrease 59.91% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 101.69 (%).Trend:Decrease 40.57% than previous quarter

Overall: decreasing (-76.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 313.79 (%).Trend:Increase 91.39% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 123.47 (%).Trend:Decrease 60.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 68.3 (%).Trend:Decrease 44.68% than previous quarter

Overall: decreasing (-78.23%). 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 15.54 (%).Trend:Increase 101.03% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 10.78 (%).Trend:Decrease 30.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 9.02 (%).Trend:Decrease 16.33% than previous quarter

Overall: decreasing (-41.96%). 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 3.09 (%).Trend:Decrease 4.63% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 4.96 (%).Trend:Increase 60.52% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 6.86 (%).Trend:Increase 38.31% than previous quarter

Overall: increasing (122.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 44.44% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.28 (USD).Trend:Increase 40.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 21.43% than previous quarter

Overall: increasing (70.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 reveal significant volatility in various financial metrics. Liabilities and current assets on revenue both decreased, with substantial quarter-over-quarter fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, also decreased (-41.96%). Investment efficiency showed a general upward trend (122.01%), but with substantial volatility, and earnings per share also showed increases and decreases, indicating significant shifts in each quarter.  The data strongly suggests that the company faces financial instability, characterized by significant fluctuations across key indicators.