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 256.97 (%).Trend:Increase 224.21% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 141.37 (%).Trend:Decrease 44.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 78.45 (%).Trend:Decrease 44.51% than previous quarter

Overall: decreasing (-69.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 342.85 (%).Trend:Increase 254.07% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 132.13 (%).Trend:Decrease 61.46% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 83.26 (%).Trend:Decrease 36.99% than previous quarter

Overall: decreasing (-75.72%). 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 107.36 (%).Trend:Increase 192.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 56.38 (%).Trend:Decrease 47.49% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.64 (%).Trend:Decrease 31.47% than previous quarter

Overall: decreasing (-64.01%). 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 9.87 (%).Trend:Increase 3.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 7.82 (%).Trend:Decrease 20.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.47 (%).Trend:Increase 8.31% than previous quarter

Overall: decreasing (-14.18%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 87.25% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Increase 111.76% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.56 (USD).Trend:Increase 44.44% than previous quarter

Overall: increasing (205.88%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2022 show major fluctuations across key metrics.  Significant drops in liabilities and current assets on revenue were observed, coupled with substantial quarter-to-quarter changes. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also declined significantly during the period. Investment efficiency showed a minor decrease, while earnings per share saw a considerable drop in Q1 before some recovery. The report highlights unstable financial performance.