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 70.23 (%).Trend:Increase 193.97% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.46 (%).Trend:Decrease 49.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.69 (%).Trend:Decrease 41.65% than previous quarter

Overall: decreasing (-70.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 128.16 (%).Trend:Increase 149.92% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 59.1 (%).Trend:Decrease 53.89% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 35.34 (%).Trend:Decrease 40.2% than previous quarter

Overall: decreasing (-72.43%). 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 -21.79 (%).Trend:Increase 678.21% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -12.53 (%).Trend:Decrease 42.5% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -9.43 (%).Trend:Decrease 24.74% than previous quarter

Overall: increasing (-56.72%). 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 -4.74 (%).Trend:Increase 175.58% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -5.91 (%).Trend:Increase 24.68% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -6.95 (%).Trend:Increase 17.6% than previous quarter

Overall: decreasing (46.62%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 22.22% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.11 (USD).Trend:Increase 57.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.15 (USD).Trend:Increase 36.36% than previous quarter

Overall: decreasing (114.29%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 indicate a concerning trend.  Liabilities on revenue and current assets on revenue both declined overall, although with considerable variation in the quarterly results. The ratio of retained earnings to revenue shows a positive trend overall, yet marked quarterly fluctuations. Investment efficiency and earnings per share continued to experience negative trends but notable quarter-to-quarter variation.  The data highlights significant volatility across financial metrics, suggesting instability in the company's financial performance.