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 2022 to Q3 2022 show several key trends. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all indicate a decreasing trend, with substantial fluctuation. The SG&A expense ratio, meanwhile, shows a decreasing trend with only slight fluctuation. Investment efficiency, as measured by retained earnings on assets, is also decreasing, but with moderate fluctuation. Earnings per share exhibit a significant downward trend.