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 103.76 (%).Trend:Increase 177.06% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 54.1 (%).Trend:Decrease 47.86% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 42.78 (%).Trend:Decrease 20.92% than previous quarter

Overall: decreasing (-58.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 111.93 (%).Trend:Increase 144.18% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 59.47 (%).Trend:Decrease 46.87% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 49.2 (%).Trend:Decrease 17.27% than previous quarter

Overall: decreasing (-56.04%). 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 -646.05 (%).Trend:Increase 173.84% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -314.25 (%).Trend:Decrease 51.36% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -197.62 (%).Trend:Decrease 37.11% than previous quarter

Overall: increasing (-69.41%). 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 -258.65 (%).Trend:Decrease 9.13% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -247.13 (%).Trend:Decrease 4.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -213.2 (%).Trend:Decrease 13.73% than previous quarter

Overall: increasing (-17.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 116.67% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.01 (USD).Trend:Decrease 200.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.07 (USD).Trend:Increase 600.0% than previous quarter

Overall: increasing (-800.0%). Fluctuation: **Significant** (high variation).



The financial statements reveal substantial volatility in working capital efficiency, with liabilities on revenue decreasing significantly in Q2 and Q3 2022 before increasing dramatically in Q1 2023. Current assets on revenue also exhibit a similar pattern of significant decrease and increase. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a notable overall increasing trend, though with substantial fluctuations. Investment efficiency, measured by retained earnings on assets, reveals an overall increasing trend but with significant variation in performance. Earnings per share also experienced a high degree of fluctuation, rising significantly in Q3 2022 before falling again in Q1 2023.