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 125643200.0 (%).Trend:Increase 12.12% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 129938500.0 (%).Trend:Increase 3.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 252653500.0 (%).Trend:Increase 94.44% than previous quarter

Overall: increasing (101.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 4329674000.0 (%).Trend:Decrease 9.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 3652532300.0 (%).Trend:Decrease 15.64% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 3248703800.0 (%).Trend:Decrease 11.06% than previous quarter

Overall: decreasing (-24.97%). Fluctuation: **Neutral** (moderate 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 -3462042000.0 (%).Trend:Increase 51.77% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -4333855100.0 (%).Trend:Increase 25.18% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -5095999700.0 (%).Trend:Increase 17.59% than previous quarter

Overall: decreasing (47.2%). 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 -79.96 (%).Trend:Increase 67.04% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -118.65 (%).Trend:Increase 48.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -156.86 (%).Trend:Increase 32.2% than previous quarter

Overall: decreasing (96.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.72 (USD).Trend:Decrease 37.39% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.79 (USD).Trend:Increase 148.61% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.72 (USD).Trend:Increase 51.96% than previous quarter

Overall: decreasing (277.78%). Fluctuation: **Significant** (high variation).



Key findings from Q1 2022 to Q3 2022 reveal a concerning trend. Liabilities on revenue increased substantially (101.09%), while current assets decreased significantly (-24.97%).  Cost efficiency metrics show a sharp decline in retained earnings relative to revenue (-47.2%) and assets (-96.17%). Earnings per share also experienced a major decrease (277.78%), indicating significant financial challenges.