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 92.27 (%).Trend:Increase 352.08% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 42.7 (%).Trend:Decrease 53.72% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.75 (%).Trend:Decrease 37.35% than previous quarter

Overall: decreasing (-71.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 838.06 (%).Trend:Increase 164.56% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 319.5 (%).Trend:Decrease 61.88% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 205.31 (%).Trend:Decrease 35.74% than previous quarter

Overall: decreasing (-75.5%). 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 -436.19 (%).Trend:Increase 435.33% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -224.01 (%).Trend:Decrease 48.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -199.48 (%).Trend:Decrease 10.95% than previous quarter

Overall: increasing (-54.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 68.63 (%).Trend:Increase 73.97% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.85 (%).Trend:Decrease 21.54% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 56.82 (%).Trend:Increase 5.52% than previous quarter

Overall: decreasing (-17.21%). 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 -36.88 (%).Trend:Increase 78.08% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -47.17 (%).Trend:Increase 27.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -59.25 (%).Trend:Increase 25.61% than previous quarter

Overall: decreasing (60.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -1.58 (USD).Trend:Decrease 1.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share -3.11 (USD).Trend:Increase 96.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share -4.71 (USD).Trend:Increase 51.45% than previous quarter

Overall: decreasing (198.1%). Fluctuation: **Significant** (high variation).



Q1 2022 to Q3 2022 financial data shows significant fluctuations across various efficiency metrics. Working capital efficiency exhibits a large decrease in both liabilities and current assets on revenue. Cost efficiency, as measured by the ratio of retained earnings to revenue and SG&A expense ratio, also demonstrates substantial changes, though the SG&A expense ratio shows less variability. Investment efficiency, gauged by retained earnings on assets, and earnings per share, both exhibit notable downward trends with high volatility.  Overall, the financial performance shows substantial fluctuations and potential issues requiring further analysis.