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 377.82 (%).Trend:Increase 362.05% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 161.13 (%).Trend:Decrease 57.35% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 115.79 (%).Trend:Decrease 28.14% than previous quarter

Overall: decreasing (-69.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 332.1 (%).Trend:Increase 339.93% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.93 (%).Trend:Decrease 59.67% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.43 (%).Trend:Decrease 33.23% than previous quarter

Overall: decreasing (-73.07%). 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 -777.28 (%).Trend:Increase 388.58% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -418.53 (%).Trend:Decrease 46.15% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -296.98 (%).Trend:Decrease 29.04% than previous quarter

Overall: increasing (-61.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 82.45 (%).Trend:Increase 59.48% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 81.67 (%).Trend:Decrease 0.95% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 81.96 (%).Trend:Increase 0.36% than previous quarter

Overall: decreasing (-0.59%). 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 -111.46 (%).Trend:Increase 2.44% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -139.99 (%).Trend:Increase 25.6% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -150.64 (%).Trend:Increase 7.61% than previous quarter

Overall: decreasing (35.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -1.17 (USD).Trend:Decrease 138.36% than previous quarter
Year 2022 Quarter 2: Earning Per Share -4.21 (USD).Trend:Increase 259.83% than previous quarter
Year 2022 Quarter 3: Earning Per Share -6.06 (USD).Trend:Increase 43.94% than previous quarter

Overall: decreasing (417.95%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 show considerable instability in several key areas.  Working capital efficiency, liabilities, and current assets on revenue demonstrate significant decreases overall with large fluctuations. Cost efficiency exhibits high volatility.  The SG&A expense ratio is slightly decreasing.  Investment efficiency and earning per share show overall decreases with significant variation between quarters.