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 116.59 (%).Trend:Increase 231.41% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 55.04 (%).Trend:Decrease 52.79% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 41.75 (%).Trend:Decrease 24.15% than previous quarter

Overall: decreasing (-64.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 422.9 (%).Trend:Increase 171.19% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 197.77 (%).Trend:Decrease 53.23% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 131.49 (%).Trend:Decrease 33.51% than previous quarter

Overall: decreasing (-68.91%). 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 -15.85 (%).Trend:Increase 164.61% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -15.26 (%).Trend:Decrease 3.72% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -15.53 (%).Trend:Increase 1.77% than previous quarter

Overall: increasing (-2.02%). 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 -2.75 (%).Trend:Decrease 5.5% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -5.3 (%).Trend:Increase 92.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -7.99 (%).Trend:Increase 50.75% than previous quarter

Overall: decreasing (190.55%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 111.45% than previous quarter
Year 2022 Quarter 2: Earning Per Share -1.02 (USD).Trend:Increase 436.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.9 (USD).Trend:Increase 86.27% than previous quarter

Overall: decreasing (900.0%). Fluctuation: **Significant** (high variation).



Financial performance analysis reveals significant volatility in key areas. Liabilities on revenue and current assets on revenue both decreased overall but with high variation across quarters. The ratio of retained earnings to revenue increased slightly, but with high fluctuation. Investment efficiency (retained earnings on assets) decreased considerably and fluctuated markedly. Earnings per share decreased considerably and fluctuated widely.