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 161.7 (%).Trend:Increase 553.07% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 65.51 (%).Trend:Decrease 59.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.25 (%).Trend:Decrease 52.3% than previous quarter

Overall: decreasing (-80.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 405.05 (%).Trend:Increase 661.95% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 145.01 (%).Trend:Decrease 64.2% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 75.46 (%).Trend:Decrease 47.96% than previous quarter

Overall: decreasing (-81.37%). 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 268.16 (%).Trend:Increase 564.09% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 78.37 (%).Trend:Decrease 70.77% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 37.22 (%).Trend:Decrease 52.51% than previous quarter

Overall: decreasing (-86.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.23 (%).Trend:Increase 95.76% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.98 (%).Trend:Decrease 41.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.42 (%).Trend:Decrease 9.76% than previous quarter

Overall: decreasing (-47.04%). Fluctuation: **Significant** (high 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 28.95 (%).Trend:Decrease 20.88% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 28.33 (%).Trend:Decrease 2.14% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 25.57 (%).Trend:Decrease 9.74% than previous quarter

Overall: decreasing (-11.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.9 (USD).Trend:Decrease 108.95% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.08 (USD).Trend:Decrease 553.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share -3.91 (USD).Trend:Decrease 195.83% than previous quarter

Overall: decreasing (334.44%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 shows a significant decrease in most key metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all show large declines. The SG&A expense ratio also decreased.  However, retained earnings on assets demonstrate a slightly more stable decrease.  Earnings per share exhibit substantial declines.