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 318.9 (%).Trend:Increase 233.75% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 161.08 (%).Trend:Decrease 49.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 107.74 (%).Trend:Decrease 33.11% than previous quarter

Overall: decreasing (-66.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 1200.03 (%).Trend:Increase 161.4% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 507.88 (%).Trend:Decrease 57.68% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 311.05 (%).Trend:Decrease 38.76% than previous quarter

Overall: decreasing (-74.08%). 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 -428.95 (%).Trend:Increase 188.97% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -238.9 (%).Trend:Decrease 44.31% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -171.69 (%).Trend:Decrease 28.13% than previous quarter

Overall: increasing (-59.97%). 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 -31.39 (%).Trend:Increase 11.59% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -15.15 (%).Trend:Decrease 51.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -17.5 (%).Trend:Increase 15.51% than previous quarter

Overall: increasing (-44.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.83 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -2.72 (USD).Trend:Increase 227.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share -4.17 (USD).Trend:Increase 53.31% than previous quarter

Overall: decreasing (402.41%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased overall but with high quarter-to-quarter variability.  Current assets on revenue also decreased overall, with similarly significant volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, showed an overall increasing trend, though with substantial fluctuations.  Investment efficiency, as measured by retained earnings on assets, also displayed a rising trend with considerable quarter-to-quarter shifts. Earnings per share experienced a considerable decline overall, with large quarter-to-quarter fluctuations.