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 70.5 (%).Trend:Increase 195.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 58.05 (%).Trend:Decrease 17.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.39 (%).Trend:Decrease 25.25% than previous quarter

Overall: decreasing (-38.45%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 173.06 (%).Trend:Increase 191.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 85.16 (%).Trend:Decrease 50.79% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 58.51 (%).Trend:Decrease 31.29% than previous quarter

Overall: decreasing (-66.19%). 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 550.87 (%).Trend:Increase 204.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 276.06 (%).Trend:Decrease 49.89% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 186.09 (%).Trend:Decrease 32.59% than previous quarter

Overall: decreasing (-66.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Increase 0.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.76 (%).Trend:Decrease 4.93% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.25 (%).Trend:Decrease 1.77% than previous quarter

Overall: decreasing (-6.61%). 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 87.5 (%).Trend:Increase 0.85% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 90.5 (%).Trend:Increase 3.43% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 92.79 (%).Trend:Increase 2.53% than previous quarter

Overall: increasing (6.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.07 (USD).Trend:Decrease 65.03% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.97 (USD).Trend:Increase 91.79% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.44 (USD).Trend:Increase 62.22% than previous quarter

Overall: increasing (211.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 show mixed results. Liabilities on revenue and current assets on revenue display substantial decrease across the period, highlighting a less effective working capital management.  Significant decrease in retained earnings-to-revenue ratio is notable.  SG&A expense ratio displays a modest decrease, while invest efficiency shows a steady increase in retained earnings on assets. Earnings per share show substantial fluctuation, with notable growth from Q1 to Q3 2022.  The overall trend is volatile, showing both positive and negative indicators.