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 150.8 (%).Trend:Increase 300.53% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 70.35 (%).Trend:Decrease 53.35% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 48.35 (%).Trend:Decrease 31.27% than previous quarter

Overall: decreasing (-67.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 398.06 (%).Trend:Increase 305.52% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 184.31 (%).Trend:Decrease 53.7% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 121.46 (%).Trend:Decrease 34.1% than previous quarter

Overall: decreasing (-69.49%). 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 -139.84 (%).Trend:Increase 516.85% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -73.84 (%).Trend:Decrease 47.2% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -46.63 (%).Trend:Decrease 36.85% than previous quarter

Overall: increasing (-66.65%). 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 -29.04 (%).Trend:Increase 53.57% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -32.83 (%).Trend:Increase 13.05% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -31.7 (%).Trend:Decrease 3.44% than previous quarter

Overall: decreasing (9.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -1.95 (USD).Trend:Decrease 218.18% than previous quarter
Year 2022 Quarter 2: Earning Per Share -2.26 (USD).Trend:Increase 15.9% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.17 (USD).Trend:Decrease 3.98% than previous quarter

Overall: decreasing (11.28%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2022 to Q3 2022 data reveals a substantial decline in liabilities and current assets on revenue, accompanied by high volatility.  A notable increase is seen in the ratio of retained earnings to revenue.  Both retained earnings on assets and earnings per share show significant decreases and high fluctuation.