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 67.46 (%).Trend:Increase 176.14% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.53 (%).Trend:Decrease 50.3% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.07 (%).Trend:Decrease 40.14% than previous quarter

Overall: decreasing (-70.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 24.61 (%).Trend:Increase 195.44% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 13.8 (%).Trend:Decrease 43.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 7.75 (%).Trend:Decrease 43.84% than previous quarter

Overall: decreasing (-68.51%). 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 -357.53 (%).Trend:Increase 190.89% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -163.7 (%).Trend:Decrease 54.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -102.94 (%).Trend:Decrease 37.12% than previous quarter

Overall: increasing (-71.21%). 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 -144.9 (%).Trend:Increase 9.18% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -142.65 (%).Trend:Decrease 1.55% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -141.41 (%).Trend:Decrease 0.87% than previous quarter

Overall: increasing (-2.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.28 (USD).Trend:Decrease 64.1% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.26 (USD).Trend:Decrease 7.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 123.08% than previous quarter

Overall: increasing (-121.43%). Fluctuation: **Significant** (high variation).



The 2022 financial data reveals a highly volatile financial performance.  Significant fluctuations are evident across all key metrics, including working capital efficiency (liabilities and current assets), cost efficiency (retained earnings ratio), and investment efficiency (retained earnings on assets), and profitability (earnings per share). Liabilities and current assets on revenue saw large increases in Q1 followed by sharp decreases in subsequent quarters.  Cost efficiency, measured by the retained earnings ratio, presents an unexpected rising trend despite substantial quarter-to-quarter fluctuations. This high volatility necessitates further analysis to understand the underlying factors driving these changes and assess potential risks or opportunities.