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 159.54 (%).Trend:Increase 268.11% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 81.9 (%).Trend:Decrease 48.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 54.87 (%).Trend:Decrease 33.0% than previous quarter

Overall: decreasing (-65.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 1245.59 (%).Trend:Increase 186.65% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 560.35 (%).Trend:Decrease 55.01% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 343.29 (%).Trend:Decrease 38.74% than previous quarter

Overall: decreasing (-72.44%). 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 -2217.67 (%).Trend:Increase 266.81% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -1150.87 (%).Trend:Decrease 48.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -824.19 (%).Trend:Decrease 28.39% than previous quarter

Overall: increasing (-62.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 116.97 (%).Trend:Increase 43.07% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 114.48 (%).Trend:Decrease 2.13% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 114.43 (%).Trend:Decrease 0.04% than previous quarter

Overall: decreasing (-2.17%). 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 -154.99 (%).Trend:Increase 23.24% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -176.23 (%).Trend:Increase 13.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -199.47 (%).Trend:Increase 13.19% than previous quarter

Overall: decreasing (28.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.86 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.7 (USD).Trend:Increase 97.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.0 (USD).Trend:Increase 17.65% than previous quarter

Overall: decreasing (132.56%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2022 to Q3 2022 demonstrates substantial variability.  Both Liabilities on Revenue (-65.61%) and Current Assets on Revenue (-72.44%) decreased significantly, raising working capital concerns.  While the Ratio of Retained Earnings to Revenue improved (-62.84%), SG&A expenses remained relatively stable (-2.17%).  However, alarming declines were observed in Retained Earnings on Assets (-28.7%) and Earnings Per Share (-132.56%), warranting further analysis.