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 60.06 (%).Trend:Increase 216.77% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.72 (%).Trend:Decrease 52.18% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.82 (%).Trend:Decrease 37.95% than previous quarter

Overall: decreasing (-70.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 17.44 (%).Trend:Increase 192.62% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 8.41 (%).Trend:Decrease 51.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 5.8 (%).Trend:Decrease 31.03% than previous quarter

Overall: decreasing (-66.74%). 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 -125.71 (%).Trend:Increase 247.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -57.53 (%).Trend:Decrease 54.24% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -37.36 (%).Trend:Decrease 35.06% than previous quarter

Overall: increasing (-70.28%). 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 -41.89 (%).Trend:Increase 10.73% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -41.4 (%).Trend:Decrease 1.17% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -40.6 (%).Trend:Decrease 1.93% than previous quarter

Overall: increasing (-3.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 173.68% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.11 (USD).Trend:Decrease 21.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.09 (USD).Trend:Decrease 18.18% than previous quarter

Overall: increasing (-35.71%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant volatility in working capital efficiency, cost efficiency, and investment efficiency measures.  Liabilities and current assets on revenue decreased dramatically in 2022, before increasing in Q1 2022, then decreasing.  The ratio of retained earnings to revenue shows a trend of increasing profitability, with substantial fluctuations. Retained earnings on assets exhibit a slight upward trend and relatively consistent decline between Q1-Q3.  Earnings per share are consistently negative and show high volatility across the three quarters.