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 50.08 (%).Trend:Increase 108.75% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.79 (%).Trend:Decrease 38.52% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.47 (%).Trend:Decrease 27.02% than previous quarter

Overall: decreasing (-55.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 104.76 (%).Trend:Increase 77.26% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 59.42 (%).Trend:Decrease 43.28% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 42.83 (%).Trend:Decrease 27.92% than previous quarter

Overall: decreasing (-59.12%). 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 63.66 (%).Trend:Increase 139.41% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.55 (%).Trend:Decrease 48.87% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 20.27 (%).Trend:Decrease 37.73% than previous quarter

Overall: decreasing (-68.16%). 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 20.79 (%).Trend:Decrease 5.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 18.34 (%).Trend:Decrease 11.78% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 18.05 (%).Trend:Decrease 1.58% than previous quarter

Overall: decreasing (-13.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 54.17% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.08 (USD).Trend:Decrease 172.73% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.16 (USD).Trend:Decrease 300.0% than previous quarter

Overall: increasing (45.45%). Fluctuation: **Significant** (high variation).



Financial performance in Q1 2022 to Q3 2022 reveals significant volatility.  Liabilities and current assets on revenue decreased, suggesting operational efficiency issues. The retained earnings-to-revenue ratio also showed significant decreases, highlighting a concerning trend. Investment efficiency saw a steady but slight decline. Earnings per share fluctuated considerably, with a negative value in Q2 and a subsequent, small increase in Q3, requiring thorough analysis of the underlying factors.