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 79.4 (%).Trend:Increase 162.13% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 77.01 (%).Trend:Decrease 3.01% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.5 (%).Trend:Decrease 43.51% than previous quarter

Overall: decreasing (-45.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 497.31 (%).Trend:Increase 83.88% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 189.96 (%).Trend:Decrease 61.8% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 150.1 (%).Trend:Decrease 20.98% than previous quarter

Overall: decreasing (-69.82%). 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 -2066.68 (%).Trend:Increase 189.61% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -843.62 (%).Trend:Decrease 59.18% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -493.02 (%).Trend:Decrease 41.56% than previous quarter

Overall: increasing (-76.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 80.76 (%).Trend:Increase 4.14% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 71.36 (%).Trend:Decrease 11.64% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 73.08 (%).Trend:Increase 2.41% than previous quarter

Overall: decreasing (-9.51%). 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 -281.2 (%).Trend:Increase 48.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -166.1 (%).Trend:Decrease 40.93% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -148.78 (%).Trend:Decrease 10.43% than previous quarter

Overall: increasing (-47.09%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.05 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.12 (USD).Trend:Increase 140.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.18 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (260.0%). Fluctuation: **Significant** (high variation).



Significant fluctuations are present in all financial efficiency metrics for Q1-Q3 2022. Liabilities on revenue decreased from 79.4% in Q1 to 43.5% in Q3, exhibiting significant volatility. Current assets on revenue similarly declined from 497.31% in Q1 to 150.1% in Q3, again with high variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, also displays significant volatility, increasing from Q1 to Q3. The SG&A expense ratio, however, demonstrates less fluctuation.  Investment efficiency, indicated by retained earnings on assets, also shows substantial volatility. Earnings per share show a steady decline.