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 197.1 (%).Trend:Increase 212.96% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 116.06 (%).Trend:Decrease 41.12% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 98.82 (%).Trend:Decrease 14.85% than previous quarter

Overall: decreasing (-49.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 347.07 (%).Trend:Increase 174.8% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 170.37 (%).Trend:Decrease 50.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 102.94 (%).Trend:Decrease 39.58% than previous quarter

Overall: decreasing (-70.34%). 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 -2200.63 (%).Trend:Increase 283.95% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -1121.28 (%).Trend:Decrease 49.05% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -807.76 (%).Trend:Decrease 27.96% than previous quarter

Overall: increasing (-63.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 106.12 (%).Trend:Increase 9.59% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 112.03 (%).Trend:Increase 5.57% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 111.0 (%).Trend:Decrease 0.92% than previous quarter

Overall: increasing (4.6%). 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 -477.66 (%).Trend:Increase 36.88% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -508.47 (%).Trend:Increase 6.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -576.44 (%).Trend:Increase 13.37% than previous quarter

Overall: decreasing (20.68%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.32 (USD).Trend:Decrease 71.43% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.68 (USD).Trend:Increase 112.5% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.9 (USD).Trend:Increase 32.35% than previous quarter

Overall: decreasing (181.25%). Fluctuation: **Significant** (high variation).



Significant volatility characterizes the financial performance from Q1 2022 to Q3 2022.  Liabilities and current assets on revenue both declined substantially, indicating potential working capital challenges. Although the ratio of retained earnings to revenue improved, it remained negative and highly variable.  A slight increase in SG&A expense ratios signals potential cost management concerns. Investment efficiency is weak, indicated by negative and fluctuating retained earnings on assets and earnings per share.