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 111.16 (%).Trend:Increase 259.74% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 55.58 (%).Trend:Decrease 50.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.87 (%).Trend:Decrease 35.46% than previous quarter

Overall: decreasing (-67.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 140.95 (%).Trend:Increase 164.79% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 71.63 (%).Trend:Decrease 49.18% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.49 (%).Trend:Decrease 32.3% than previous quarter

Overall: decreasing (-65.6%). 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 270.62 (%).Trend:Increase 192.75% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 131.49 (%).Trend:Decrease 51.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 87.53 (%).Trend:Decrease 33.43% than previous quarter

Overall: decreasing (-67.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.0 (%).Trend:Increase 2.94% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.09 (%).Trend:Decrease 3.25% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.98 (%).Trend:Decrease 4.1% than previous quarter

Overall: decreasing (-7.21%). 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 41.96 (%).Trend:Decrease 13.14% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 42.54 (%).Trend:Increase 1.38% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.76 (%).Trend:Increase 2.87% than previous quarter

Overall: increasing (4.29%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.6 (USD).Trend:Decrease 79.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.68 (USD).Trend:Increase 180.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.9 (USD).Trend:Increase 72.62% than previous quarter

Overall: increasing (383.33%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2022 to Q3 2022 show a mixed picture of financial performance. Working capital efficiency reveals significant, negative trends for both liabilities and current assets on revenue, declining substantially.  Cost efficiency displays a negative trend in the ratio of retained earnings to revenue, with large fluctuations.  SG&A expense ratio trends downward with minor variations.  Positive trends are seen in investment efficiency (retained earnings on assets) and earnings per share.  Understanding the root causes of these mixed performance trends is vital.