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 66.2 (%).Trend:Increase 130.98% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.49 (%).Trend:Decrease 43.37% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.68 (%).Trend:Decrease 34.17% than previous quarter

Overall: decreasing (-62.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 375.57 (%).Trend:Increase 178.65% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 187.79 (%).Trend:Decrease 50.0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 128.67 (%).Trend:Decrease 31.48% than previous quarter

Overall: decreasing (-65.74%). 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 632.31 (%).Trend:Increase 173.2% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 329.55 (%).Trend:Decrease 47.88% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 220.37 (%).Trend:Decrease 33.13% than previous quarter

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

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.87 (%).Trend:Decrease 5.22% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.31 (%).Trend:Decrease 2.08% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.17 (%).Trend:Increase 3.27% than previous quarter

Overall: increasing (1.12%). 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 67.82 (%).Trend:Increase 0.37% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 70.08 (%).Trend:Increase 3.33% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 70.09 (%).Trend:Increase 0.01% than previous quarter

Overall: increasing (3.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.73 (USD).Trend:Decrease 69.38% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.83 (USD).Trend:Increase 294.8% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 17.13% than previous quarter

Overall: increasing (362.43%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 shows substantial fluctuations in various financial metrics.  Liabilities on revenue and current assets on revenue demonstrate significant declines, potentially signaling a weakening financial position.  The ratio of retained earnings to revenue mirrors this trend of decrease.   Earnings per share, however, displays a pattern of substantial increases and decreases, indicating considerable volatility.  The SG&A expense ratio demonstrates a much smaller change, suggesting some stability in operational costs.  The focus is on quantifiable data points and the dramatic variations observed in the financial performance of the three-quarter period.