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 79.38 (%).Trend:Increase 147.52% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 54.59 (%).Trend:Decrease 31.23% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.12 (%).Trend:Decrease 35.67% than previous quarter

Overall: decreasing (-55.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 181.9 (%).Trend:Increase 225.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 103.07 (%).Trend:Decrease 43.34% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 67.47 (%).Trend:Decrease 34.54% than previous quarter

Overall: decreasing (-62.91%). 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 13.9 (%).Trend:Increase 300.58% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 6.1 (%).Trend:Decrease 56.12% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 3.37 (%).Trend:Decrease 44.75% than previous quarter

Overall: decreasing (-75.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.1 (%).Trend:Increase 3.08% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.3 (%).Trend:Decrease 2.1% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.76 (%).Trend:Decrease 1.45% than previous quarter

Overall: decreasing (-3.52%). 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 3.9 (%).Trend:Increase 18.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 3.33 (%).Trend:Decrease 14.62% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 2.85 (%).Trend:Decrease 14.41% than previous quarter

Overall: decreasing (-26.92%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 108.75% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.14 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.28 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2022 reveal a downturn.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all show substantial downward trends.  The SG&A expense ratio is also decreasing slightly and with low fluctuation, while retained earnings on assets and earnings per share are decreasing, though with varying degrees of fluctuation.