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 96.33 (%).Trend:Increase 136.74% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 47.61 (%).Trend:Decrease 50.58% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.9 (%).Trend:Decrease 54.0% than previous quarter

Overall: decreasing (-77.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 65.05 (%).Trend:Increase 73.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 37.27 (%).Trend:Decrease 42.71% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 22.4 (%).Trend:Decrease 39.9% than previous quarter

Overall: decreasing (-65.56%). 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 -87.63 (%).Trend:Increase 137.03% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -32.91 (%).Trend:Decrease 62.44% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 1.32 (%).Trend:Decrease 104.01% than previous quarter

Overall: increasing (-101.51%). 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 -15.0 (%).Trend:Increase 21.65% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -11.82 (%).Trend:Decrease 21.2% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.7 (%).Trend:Decrease 105.92% than previous quarter

Overall: increasing (-104.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.71 (USD).Trend:Increase 136.67% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.17 (USD).Trend:Decrease 76.06% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.25 (USD).Trend:Decrease 1423.53% than previous quarter

Overall: increasing (-416.9%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 indicate significant volatility in key performance indicators. Working capital efficiency metrics like liabilities and current assets on revenue are declining, but with high variability. Cost efficiency, represented by the ratio of retained earnings to revenue, is increasing overall but experiences considerable fluctuation. Investment efficiency, as measured by retained earnings on assets, also shows substantial fluctuation. Earnings per share reveal a pattern of significant decrease, an increase, and then another decrease, which underscores the instability.