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 106.98 (%).Trend:Increase 668.53% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.08 (%).Trend:Decrease 70.01% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.44 (%).Trend:Decrease 45.64% than previous quarter

Overall: decreasing (-83.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 144.98 (%).Trend:Increase 256.04% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 74.39 (%).Trend:Decrease 48.69% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 41.51 (%).Trend:Decrease 44.2% than previous quarter

Overall: decreasing (-71.37%). 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 -21.42 (%).Trend:Increase 385.71% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -13.37 (%).Trend:Decrease 37.58% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -11.8 (%).Trend:Decrease 11.74% than previous quarter

Overall: increasing (-44.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.79 (%).Trend:Increase 33.35% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.62 (%).Trend:Decrease 5.63% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.54 (%).Trend:Decrease 0.41% than previous quarter

Overall: decreasing (-6.01%). 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 -9.87 (%).Trend:Increase 32.31% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -9.4 (%).Trend:Decrease 4.76% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -13.2 (%).Trend:Increase 40.43% than previous quarter

Overall: decreasing (33.74%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2022 to Q3 2022 reveals significant fluctuations across key metrics. Liabilities and current assets on revenue both decreased substantially, indicating potential working capital issues.  While the SG&A expense ratio showed a small, consistent decrease, retained earnings and retained earnings on assets displayed considerable volatility, suggesting underlying instability.  Further investigation is needed to determine the causes of these fluctuations.