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 525.88 (%).Trend:Increase 253.13% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 182.27 (%).Trend:Decrease 65.34% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 126.5 (%).Trend:Decrease 30.6% than previous quarter

Overall: decreasing (-75.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 855.96 (%).Trend:Increase 110.78% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 315.28 (%).Trend:Decrease 63.17% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 258.86 (%).Trend:Decrease 17.9% than previous quarter

Overall: decreasing (-69.76%). 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 -644.43 (%).Trend:Increase 125.18% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -177.32 (%).Trend:Decrease 72.48% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -106.9 (%).Trend:Decrease 39.71% than previous quarter

Overall: increasing (-83.41%). 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 -7.14 (%).Trend:Decrease 28.6% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -5.64 (%).Trend:Decrease 21.01% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.06 (%).Trend:Decrease 10.28% than previous quarter

Overall: increasing (-29.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.3 (USD).Trend:Decrease 73.21% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.62 (USD).Trend:Increase 106.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 87.1% than previous quarter

Overall: decreasing (286.67%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 – Q3 2022 data reveals substantial decreases in liabilities on revenue (-75.95%) and current assets on revenue (-69.76%), suggesting potential working capital issues.  Although the ratio of retained earnings to revenue improved (-83.41%), and retained earnings on assets increased (-29.13%), the significant decrease in earnings per share (286.67%) is concerning.  High volatility is present across all metrics.