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 54.84 (%).Trend:Increase 179.37% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.01 (%).Trend:Decrease 54.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.12 (%).Trend:Decrease 31.55% than previous quarter

Overall: decreasing (-68.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 206.98 (%).Trend:Increase 224.57% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 98.69 (%).Trend:Decrease 52.32% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 66.6 (%).Trend:Decrease 32.52% than previous quarter

Overall: decreasing (-67.82%). 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 179.59 (%).Trend:Increase 190.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 89.22 (%).Trend:Decrease 50.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 62.12 (%).Trend:Decrease 30.37% than previous quarter

Overall: decreasing (-65.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.82 (%).Trend:Decrease 1.98% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.33 (%).Trend:Decrease 3.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.32 (%).Trend:Decrease 0.07% than previous quarter

Overall: decreasing (-3.37%). 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 48.59 (%).Trend:Decrease 3.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 50.77 (%).Trend:Increase 4.49% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 52.73 (%).Trend:Increase 3.86% than previous quarter

Overall: increasing (8.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.56 (USD).Trend:Decrease 69.77% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.95 (USD).Trend:Increase 153.21% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.13 (USD).Trend:Increase 55.19% than previous quarter

Overall: increasing (292.95%). Fluctuation: **Significant** (high variation).



The financial statements show significant fluctuations in several key areas. Working capital efficiency demonstrates substantial, yet inconsistent, changes in liabilities and current assets.  Cost efficiency displays a significant decrease in the retained earnings to revenue ratio, while the SG&A expense ratio shows a minor downward trend.  Investment efficiency exhibits a steady increase in retained earnings on assets.  Earnings per share demonstrates substantial swings, increasing from Q1 to Q3 2022 then fluctuating in 2023.