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 81.71 (%).Trend:Increase 147.91% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.33 (%).Trend:Decrease 50.64% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.6 (%).Trend:Decrease 34.04% than previous quarter

Overall: decreasing (-67.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 179.49 (%).Trend:Increase 153.7% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 90.99 (%).Trend:Decrease 49.31% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 80.65 (%).Trend:Decrease 11.36% than previous quarter

Overall: decreasing (-55.07%). 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 -428.08 (%).Trend:Increase 203.9% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -225.85 (%).Trend:Decrease 47.24% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -157.82 (%).Trend:Decrease 30.12% than previous quarter

Overall: increasing (-63.13%). 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 -93.98 (%).Trend:Increase 19.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -100.66 (%).Trend:Increase 7.11% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -95.37 (%).Trend:Decrease 5.26% than previous quarter

Overall: decreasing (1.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.4 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.78 (USD).Trend:Increase 95.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 48.72% than previous quarter

Overall: decreasing (190.0%). Fluctuation: **Significant** (high variation).



Analysis from Q1 2022 to Q3 2022 demonstrates significant fluctuations in several key financial performance indicators.  Liabilities and current assets on revenue experienced considerable overall decreases. The ratio of retained earnings to revenue shows a large negative trend.  Retained earnings on assets declined slightly.  Earnings per share fell sharply (190%).  High variability is a consistent theme.