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 123.1 (%).Trend:Increase 196.7% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 65.16 (%).Trend:Decrease 47.07% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.67 (%).Trend:Decrease 32.98% than previous quarter

Overall: decreasing (-64.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 154.12 (%).Trend:Increase 154.7% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 77.45 (%).Trend:Decrease 49.75% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.92 (%).Trend:Decrease 31.67% than previous quarter

Overall: decreasing (-65.66%). 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 -172.29 (%).Trend:Increase 213.37% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -101.12 (%).Trend:Decrease 41.31% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -85.4 (%).Trend:Decrease 15.55% than previous quarter

Overall: increasing (-50.43%). 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 -31.38 (%).Trend:Decrease 2.12% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -38.31 (%).Trend:Increase 22.08% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -53.97 (%).Trend:Increase 40.88% than previous quarter

Overall: decreasing (71.99%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -1.6 (USD).Trend:Decrease 43.46% than previous quarter
Year 2022 Quarter 2: Earning Per Share -3.27 (USD).Trend:Increase 104.38% than previous quarter
Year 2022 Quarter 3: Earning Per Share -6.26 (USD).Trend:Increase 91.44% than previous quarter

Overall: decreasing (291.25%). Fluctuation: **Significant** (high variation).



Financial statement data from Q1 2022 to Q3 2022 reveals significant volatility in key financial ratios.  Working capital efficiency shows decreasing liabilities and current assets on revenue, though the percentages fluctuate drastically between quarters.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows an increasing trend, but the variation between quarters is considerable.  Investment efficiency, measured by retained earnings on assets, is decreasing overall, with a similarly high degree of fluctuation. Finally, earnings per share are also decreasing, and highly variable, which is a major concern.