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 205.69 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 116.9 (%).Trend:Decrease 43.17% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 96.2 (%).Trend:Decrease 17.71% than previous quarter

Overall: decreasing (-53.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 71.08 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 40.09 (%).Trend:Decrease 43.6% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 16.44 (%).Trend:Decrease 58.99% than previous quarter

Overall: decreasing (-76.87%). 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 -1776.4 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -860.31 (%).Trend:Decrease 51.57% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -620.0 (%).Trend:Decrease 27.93% than previous quarter

Overall: increasing (-65.1%). 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 -92.8 (%).Trend:Decrease 85.38% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -119.22 (%).Trend:Increase 28.47% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -134.6 (%).Trend:Increase 12.9% than previous quarter

Overall: decreasing (45.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.24 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.77 (USD).Trend:Increase 220.83% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.02 (USD).Trend:Increase 32.47% than previous quarter

Overall: decreasing (325.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2022 to Q3 2022 reveals a concerning trend of decreasing working capital efficiency. Liabilities on revenue decreased from Q1 to Q3, but with significant quarter-to-quarter fluctuations.  Current assets on revenue also decreased significantly, exhibiting substantial quarter-to-quarter volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, showed a pattern of increasing negative values, highlighting a continued revenue strain. Investment efficiency, calculated by retained earnings on assets, also declined with notable variation across quarters. Earnings per share decreased markedly throughout the three quarters, with exceptionally high fluctuations.  Overall, the financial health of the company appears to be deteriorating.