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 88.42 (%).Trend:Increase 176.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.09 (%).Trend:Decrease 54.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.14 (%).Trend:Decrease 27.31% than previous quarter

Overall: decreasing (-67.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 210.65 (%).Trend:Increase 207.2% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 106.9 (%).Trend:Decrease 49.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 66.3 (%).Trend:Decrease 37.98% than previous quarter

Overall: decreasing (-68.53%). 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 297.98 (%).Trend:Increase 191.17% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 160.52 (%).Trend:Decrease 46.13% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 119.77 (%).Trend:Decrease 25.39% than previous quarter

Overall: decreasing (-59.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.79 (%).Trend:Increase 19.95% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.69 (%).Trend:Decrease 14.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.04 (%).Trend:Increase 2.76% than previous quarter

Overall: decreasing (-11.83%). 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 39.5 (%).Trend:Increase 10.71% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 41.54 (%).Trend:Increase 5.16% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 44.55 (%).Trend:Increase 7.25% than previous quarter

Overall: increasing (12.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 56.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.37 (USD).Trend:Increase 107.58% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.97 (USD).Trend:Increase 43.8% than previous quarter

Overall: increasing (198.48%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 show a mixed picture of financial performance.  Working capital efficiency metrics, liabilities and current assets on revenue, indicate substantial decreases, potentially indicating issues in cash flow management.  Cost efficiency (ratio of retained earnings to revenue) also experienced a notable decline.  In contrast, investment efficiency shows steady growth, while earnings per share display a significant upward trend, though with volatility. The SG&A expense ratio shows lower fluctuation.