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 262.93 (%).Trend:Increase 184.53% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 132.75 (%).Trend:Decrease 49.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 88.68 (%).Trend:Decrease 33.2% than previous quarter

Overall: decreasing (-66.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 336.02 (%).Trend:Increase 101.66% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 148.77 (%).Trend:Decrease 55.73% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 95.14 (%).Trend:Decrease 36.05% than previous quarter

Overall: decreasing (-71.69%). 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 -105.09 (%).Trend:Increase 1702.57% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -80.99 (%).Trend:Decrease 22.93% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -59.35 (%).Trend:Decrease 26.72% than previous quarter

Overall: increasing (-43.52%). 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 -17.76 (%).Trend:Increase 665.52% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -30.36 (%).Trend:Increase 70.95% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -34.86 (%).Trend:Increase 14.82% than previous quarter

Overall: decreasing (96.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.86 (USD).Trend:Decrease 65.6% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.39 (USD).Trend:Decrease 54.65% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.68 (USD).Trend:Increase 74.36% than previous quarter

Overall: decreasing (-20.93%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant volatility in working capital efficiency, cost efficiency, investment efficiency, and earnings per share.  Liabilities and current assets on revenue decreased, but the trend was marked by substantial quarter-to-quarter fluctuations.  The ratio of retained earnings to revenue showed an upward trend, but with high variability.  Investment efficiency showed a decreasing trend in retained earnings on assets.  Earnings per share also decreased with significant fluctuations.  This unstable financial picture requires immediate analysis and potential corrective action.