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 92.28 (%).Trend:Increase 213.24% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 45.29 (%).Trend:Decrease 50.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.63 (%).Trend:Decrease 32.37% than previous quarter

Overall: decreasing (-66.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 140.87 (%).Trend:Increase 235.09% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 67.75 (%).Trend:Decrease 51.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 46.36 (%).Trend:Decrease 31.57% than previous quarter

Overall: decreasing (-67.09%). 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 95.64 (%).Trend:Increase 181.05% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 48.34 (%).Trend:Decrease 49.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 32.7 (%).Trend:Decrease 32.35% than previous quarter

Overall: decreasing (-65.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.14 (%).Trend:Increase 3.72% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.57 (%).Trend:Increase 2.37% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.95 (%).Trend:Increase 2.05% than previous quarter

Overall: increasing (4.47%). Fluctuation: **Little** (low 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 44.51 (%).Trend:Increase 0.2% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 45.31 (%).Trend:Increase 1.8% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 45.49 (%).Trend:Increase 0.4% than previous quarter

Overall: increasing (2.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -1.23 (USD).Trend:Decrease 158.02% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.19 (USD).Trend:Decrease 3.25% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.62 (USD).Trend:Increase 36.13% than previous quarter

Overall: decreasing (31.71%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 highlight a negative financial trend.  Liabilities, current assets, and the ratio of retained earnings to revenue all show substantial decreases across the three quarters. Earnings per share also decline, with significant quarter-to-quarter fluctuations.  However, the SG&A expense ratio demonstrates a positive upward trend, while investment efficiency remains stable.