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 67.46 (%).Trend:Increase 176.14% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.53 (%).Trend:Decrease 50.3% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.07 (%).Trend:Decrease 40.14% than previous quarter

Overall: decreasing (-70.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 24.61 (%).Trend:Increase 195.44% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 13.8 (%).Trend:Decrease 43.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 7.75 (%).Trend:Decrease 43.84% than previous quarter

Overall: decreasing (-68.51%). 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 -357.53 (%).Trend:Increase 190.89% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -163.7 (%).Trend:Decrease 54.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -102.94 (%).Trend:Decrease 37.12% than previous quarter

Overall: increasing (-71.21%). 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 -144.9 (%).Trend:Increase 9.18% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -142.65 (%).Trend:Decrease 1.55% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -141.41 (%).Trend:Decrease 0.87% than previous quarter

Overall: increasing (-2.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.28 (USD).Trend:Decrease 64.1% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.26 (USD).Trend:Decrease 7.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 123.08% than previous quarter

Overall: increasing (-121.43%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 reveal substantial fluctuations in key financial metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, displayed a substantial, increasing trend in Q1, followed by substantial declines in subsequent quarters.  Cost efficiency, reflected by the ratio of retained earnings to revenue, exhibited a surprising, overall increasing trend.  Investment efficiency shows a slight increasing trend with assets having slightly negative returns. Earnings per share increased overall but with significant quarterly volatility, indicating a need for deeper analysis into underlying causes and potential risks.