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 102.26 (%).Trend:Increase 272.4% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 45.34 (%).Trend:Decrease 55.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.05 (%).Trend:Decrease 33.72% than previous quarter

Overall: decreasing (-70.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 232.84 (%).Trend:Increase 209.22% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 102.9 (%).Trend:Decrease 55.81% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 71.78 (%).Trend:Decrease 30.24% than previous quarter

Overall: decreasing (-69.17%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.78 (%).Trend:Increase 2.88% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.25 (%).Trend:Decrease 1.67% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.01 (%).Trend:Decrease 0.77% than previous quarter

Overall: decreasing (-2.42%). 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
Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.65 (USD).Trend:Decrease 78.4% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.9 (USD).Trend:Increase 136.36% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 53.85% than previous quarter

Overall: increasing (263.64%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2022 to Q3 2022 reveals significant fluctuations in working capital efficiency, with liabilities and current assets on revenue decreasing overall. The SG&A expense ratio shows a small but consistent downward trend. However, earnings per share exhibited a notable increase over the three quarters.  This suggests potential issues with working capital management and significant variability in earnings.