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 57.38 (%).Trend:Increase 170.79% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 23.06 (%).Trend:Decrease 59.81% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 18.23 (%).Trend:Decrease 20.95% than previous quarter

Overall: decreasing (-68.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 427.12 (%).Trend:Increase 173.69% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 263.78 (%).Trend:Decrease 38.24% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 189.01 (%).Trend:Decrease 28.35% than previous quarter

Overall: decreasing (-55.75%). 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 145.61 (%).Trend:Increase 84.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 69.53 (%).Trend:Decrease 52.25% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 29.29 (%).Trend:Decrease 57.87% than previous quarter

Overall: decreasing (-79.88%). 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 13.18 (%).Trend:Decrease 34.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 9.88 (%).Trend:Decrease 25.04% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 5.82 (%).Trend:Decrease 41.09% than previous quarter

Overall: decreasing (-55.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -1.46 (USD).Trend:Decrease 53.35% than previous quarter
Year 2022 Quarter 2: Earning Per Share -3.12 (USD).Trend:Increase 113.7% than previous quarter
Year 2022 Quarter 3: Earning Per Share -4.83 (USD).Trend:Increase 54.81% than previous quarter

Overall: decreasing (230.82%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2022-Q3 2022 reveals significant negative trends and high volatility.  Liabilities and current assets on revenue, retained earnings to revenue, and retained earnings on assets all show significant decreases, suggesting operational and financial difficulties.  Earnings per share remained consistently negative and fluctuating, pointing towards potential business challenges.