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 69.91 (%).Trend:Increase 164.51% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 36.6 (%).Trend:Decrease 47.65% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.11 (%).Trend:Decrease 34.13% than previous quarter

Overall: decreasing (-65.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 57.22 (%).Trend:Increase 144.11% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 30.98 (%).Trend:Decrease 45.86% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 20.57 (%).Trend:Decrease 33.6% than previous quarter

Overall: decreasing (-64.05%). 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 -82.04 (%).Trend:Increase 173.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -40.54 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -26.62 (%).Trend:Decrease 34.34% than previous quarter

Overall: increasing (-67.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.77 (%).Trend:Increase 3.08% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.02 (%).Trend:Increase 1.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.17 (%).Trend:Increase 0.71% than previous quarter

Overall: increasing (1.93%). 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 -90.97 (%).Trend:Increase 2.57% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -83.17 (%).Trend:Decrease 8.57% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -78.99 (%).Trend:Decrease 5.03% than previous quarter

Overall: increasing (-13.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 300.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 150.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.1 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (150.0%). Fluctuation: **Significant** (high variation).



From Q1 2022 to Q3 2022, significant fluctuations impacted key financial ratios.  Liabilities and current assets relative to revenue decreased considerably, although both exhibited substantial increases initially.  The ratio of retained earnings to revenue improved, despite remaining negative and volatile.  The SG&A expense ratio showed a steady, modest increase.  Retained earnings on assets improved, remaining negative. Earnings per share showed marked improvement, although the trend was erratic.