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 29.41 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 16.11 (%).Trend:Decrease 45.22% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 10.25 (%).Trend:Decrease 36.37% than previous quarter

Overall: decreasing (-65.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 138.82 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.58 (%).Trend:Decrease 52.04% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.14 (%).Trend:Decrease 33.7% than previous quarter

Overall: decreasing (-68.2%). 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 288.8 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 132.73 (%).Trend:Decrease 54.04% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 83.81 (%).Trend:Decrease 36.86% than previous quarter

Overall: decreasing (-70.98%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.05 (%).Trend:Decrease 6.99% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 4.9% than previous quarter

Overall: decreasing (-11.55%). Fluctuation: **Little** (low variation).


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 79.06 (%).Trend:Decrease 0.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 77.85 (%).Trend:Decrease 1.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 77.42 (%).Trend:Decrease 0.55% than previous quarter

Overall: decreasing (-2.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.37 (USD).Trend:Decrease 384.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.34 (USD).Trend:Decrease 8.11% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.46 (USD).Trend:Decrease 235.29% than previous quarter

Overall: increasing (-224.32%). Fluctuation: **Significant** (high variation).



Financial analysis reveals significant volatility in working capital, cost, and earnings metrics.  Liabilities and current assets on revenue demonstrate substantial decreases in the first half of 2022, then sharp increases. The ratio of retained earnings to revenue also fluctuates greatly, declining and rising during the period. SG&A expense ratio consistently decreased with minimal variation. Investment efficiency shows a slight consistent downward trend in retained earnings on assets. Earnings per share are highly variable, initially negative, then positive with a significant increase.