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 102.22 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 75.18 (%).Trend:Decrease 26.45% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 56.54 (%).Trend:Decrease 24.79% than previous quarter

Overall: decreasing (-44.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 69.1 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 37.63 (%).Trend:Decrease 45.54% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 28.72 (%).Trend:Decrease 23.68% than previous quarter

Overall: decreasing (-58.44%). 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 -254.61 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -123.15 (%).Trend:Decrease 51.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -84.81 (%).Trend:Decrease 31.13% than previous quarter

Overall: increasing (-66.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.23 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.82 (%).Trend:Decrease 1.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.52 (%).Trend:Decrease 0.97% than previous quarter

Overall: decreasing (-2.27%). 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 -23.12 (%).Trend:Decrease 4.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -22.37 (%).Trend:Decrease 3.24% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -22.93 (%).Trend:Increase 2.5% than previous quarter

Overall: increasing (-0.82%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of the provided financial statements reveals significant fluctuations across various key metrics. Working capital efficiency shows declines in both liabilities and current assets relative to revenue, suggesting improved short-term financial health, though volatility is high. Conversely, retained earnings versus revenue exhibit an increase, but considerable instability. SG&A expense ratio has shown modest improvement, implying potential cost management efforts, with minimal volatility. Lastly, investment efficiency reveals an upward trend in retained earnings on assets, though with significant quarterly variations, adding to the overall instability of the financial picture.