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 62.14 (%).Trend:Increase 182.58% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.22 (%).Trend:Decrease 48.15% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.47 (%).Trend:Decrease 36.47% than previous quarter

Overall: decreasing (-67.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 168.19 (%).Trend:Increase 118.97% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 83.75 (%).Trend:Decrease 50.21% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 56.39 (%).Trend:Decrease 32.67% than previous quarter

Overall: decreasing (-66.47%). 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 127.59 (%).Trend:Increase 140.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 60.29 (%).Trend:Decrease 52.75% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 39.19 (%).Trend:Decrease 35.0% than previous quarter

Overall: decreasing (-69.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.38 (%).Trend:Decrease 14.06% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.35 (%).Trend:Decrease 0.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.25 (%).Trend:Decrease 1.87% 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
Year 2022 Quarter 1: Retained Earning on Assets 37.05 (%).Trend:Decrease 4.46% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 35.86 (%).Trend:Decrease 3.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 34.92 (%).Trend:Decrease 2.62% than previous quarter

Overall: decreasing (-5.75%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data for Q1 2022 to Q3 2022 shows worrying trends in working capital efficiency, cost efficiency, and investment efficiency. Liabilities and current assets on revenue are decreasing, signaling potential liquidity concerns.  The ratio of retained earnings to revenue also shows a significant decline, suggesting profitability challenges.  In contrast, the SG&A expense ratio is steadily decreasing, suggesting good cost-management practices.  Investment efficiency, however, shows slight fluctuations. Further analysis is critical to understand the reasons for such marked changes.