Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 62.3 (%).Trend:Increase 75.0% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 141.59 (%).Trend:Increase 127.27% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 44.1 (%).Trend:Decrease 68.85% than previous quarter

Overall: decreasing (-29.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 94.63 (%).Trend:Increase 65.93% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 195.77 (%).Trend:Increase 106.88% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 65.97 (%).Trend:Decrease 66.3% than previous quarter

Overall: decreasing (-30.29%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 80.42 (%).Trend:Increase 71.76% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 160.58 (%).Trend:Increase 99.68% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 16.94 (%).Trend:Decrease 89.45% than previous quarter

Overall: decreasing (-78.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.46 (%).Trend:Increase 6.05% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.8 (%).Trend:Decrease 1.67% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.39 (%).Trend:Increase 4.1% than previous quarter

Overall: increasing (2.36%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 17.9 (%).Trend:Increase 12.23% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 16.96 (%).Trend:Decrease 5.25% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 6.62 (%).Trend:Decrease 60.97% than previous quarter

Overall: decreasing (-63.02%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.66 (USD).Trend:Decrease 54.79% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 51.52% than previous quarter
Year 2022 Quarter 3: Earning Per Share -4.34 (USD).Trend:Decrease 1456.25% than previous quarter

Overall: decreasing (-757.58%). Fluctuation: **Significant** (high variation).



The analysis of Q2-Q3 2022 reveals significant financial instability.  Liabilities and current assets on revenue decreased substantially (-29.21% and -30.29%), indicating potential liquidity issues.  A dramatic drop in the ratio of retained earnings to revenue (-78.94%) and earnings per share (-757.58%) signals severe profitability problems.  While SG&A expense showed moderate growth (2.36%), the overall trend suggests urgent attention is needed.