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 112.96 (%).Trend:Increase 212.13% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 59.47 (%).Trend:Decrease 47.35% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 37.6 (%).Trend:Decrease 36.77% than previous quarter

Overall: decreasing (-66.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 742.65 (%).Trend:Increase 387.53% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 328.09 (%).Trend:Decrease 55.82% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 213.49 (%).Trend:Decrease 34.93% than previous quarter

Overall: decreasing (-71.25%). 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 -487.25 (%).Trend:Increase 268.21% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -249.41 (%).Trend:Decrease 48.81% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -177.25 (%).Trend:Decrease 28.93% than previous quarter

Overall: increasing (-63.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.67 (%).Trend:Increase 9.54% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.88 (%).Trend:Increase 5.3% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.74 (%).Trend:Increase 4.24% than previous quarter

Overall: increasing (9.77%). 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 -43.02 (%).Trend:Decrease 29.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -45.95 (%).Trend:Increase 6.81% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -50.19 (%).Trend:Increase 9.23% than previous quarter

Overall: decreasing (16.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.21 (USD).Trend:Decrease 107.81% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.47 (USD).Trend:Increase 123.81% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.77 (USD).Trend:Increase 63.83% than previous quarter

Overall: decreasing (266.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2022 reveal significant volatility in working capital, cost, and investment efficiency.  Liability-to-revenue ratios trended downward but with substantial quarter-to-quarter swings.  Current assets-to-revenue ratios followed a similar, volatile decreasing pattern.  The retained earnings-to-revenue ratio shows a complex upward trend, yet significant fluctuations.  Selling, general, and administrative (SG&A) expenses increased steadily, with lower variation.  Investment efficiency (retained earnings on assets) and earnings per share both experienced considerable declines, marked by substantial quarterly changes.  The financial performance appears erratic and potentially problematic.