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 85.35 (%).Trend:Increase 226.14% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 36.69 (%).Trend:Decrease 57.01% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.01 (%).Trend:Decrease 15.48% than previous quarter

Overall: decreasing (-63.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 99.59 (%).Trend:Increase 212.68% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 52.55 (%).Trend:Decrease 47.23% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 35.15 (%).Trend:Decrease 33.11% than previous quarter

Overall: decreasing (-64.71%). 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 -1259.66 (%).Trend:Increase 201.8% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -602.82 (%).Trend:Decrease 52.14% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -398.44 (%).Trend:Decrease 33.9% than previous quarter

Overall: increasing (-68.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.08 (%).Trend:Increase 3.15% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.43 (%).Trend:Decrease 4.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.72 (%).Trend:Increase 2.16% than previous quarter

Overall: decreasing (-2.56%). 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 -95.54 (%).Trend:Increase 2.24% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -95.71 (%).Trend:Increase 0.18% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -95.83 (%).Trend:Increase 0.13% than previous quarter

Overall: decreasing (0.3%). Fluctuation: **Significant** (high variation).

Earning Per Share


The Q1-Q3 2022 financial statements exhibit significant volatility. Liabilities and current assets on revenue declined substantially but with high quarter-to-quarter fluctuation.  Cost efficiency, reflected in the retained earnings ratio, shows an increasing negative trend, highlighting declining profitability.  SG&A expense ratio shows a small overall decrease, indicating stable cost management. Investment efficiency exhibits a slight overall decline in retained earnings on assets with significant volatility.