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 57.93 (%).Trend:Increase 131.63% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 36.01 (%).Trend:Decrease 37.84% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.06 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-58.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 135.96 (%).Trend:Increase 130.91% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.6 (%).Trend:Decrease 51.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.21 (%).Trend:Decrease 33.62% than previous quarter

Overall: decreasing (-67.48%). 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 -697.23 (%).Trend:Increase 114.91% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -314.83 (%).Trend:Decrease 54.85% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -187.95 (%).Trend:Decrease 40.3% than previous quarter

Overall: increasing (-73.04%). 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 -208.59 (%).Trend:Increase 1.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -206.27 (%).Trend:Decrease 1.11% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -196.82 (%).Trend:Decrease 4.58% than previous quarter

Overall: increasing (-5.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.23 (USD).Trend:Decrease 85.71% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.26 (USD).Trend:Increase 13.04% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.21 (USD).Trend:Decrease 180.77% than previous quarter

Overall: increasing (-191.3%). Fluctuation: **Significant** (high variation).



Financial performance analysis reveals significant fluctuations across various key metrics. Liabilities on revenue declined from Q1 to Q3 2022, but surged dramatically in Q1 2023. Current assets on revenue show a similar pattern of decline and subsequent huge increase. The ratio of retained earnings to revenue shows an overall increase, yet with marked quarterly changes. Investment efficiency exhibits a slight increase, with considerable volatility. Finally, earnings per share are also highly variable, exhibiting substantial increases and decreases across the quarters.