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 94.22 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 38.34 (%).Trend:Decrease 59.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.39 (%).Trend:Decrease 49.43% than previous quarter

Overall: decreasing (-79.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 291.46 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 113.73 (%).Trend:Decrease 60.98% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.35 (%).Trend:Decrease 36.38% than previous quarter

Overall: decreasing (-75.18%). 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 79.11 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 30.83 (%).Trend:Decrease 61.03% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 21.02 (%).Trend:Decrease 31.82% than previous quarter

Overall: decreasing (-73.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.63 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.8 (%).Trend:Decrease 13.43% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 5.93% than previous quarter

Overall: decreasing (-8.29%). 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 10.4 (%).Trend:Increase 24.55% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 10.09 (%).Trend:Decrease 2.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 10.45 (%).Trend:Increase 3.57% than previous quarter

Overall: increasing (0.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.22 (USD).Trend:Decrease 61.76% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Decrease 11.48% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.58 (USD).Trend:Increase 46.3% than previous quarter

Overall: increasing (29.51%). Fluctuation: **Neutral** (moderate variation).



Financial review of Q1-Q3 2022 reveals a mixed picture. Working capital efficiency metrics, liabilities and current assets, show significant declines, suggesting potential operational issues. Cost efficiency, measured by the ratio of retained earnings to revenue and SG&A expense ratios, also indicates a significant downward trend.  However, selling, general, and administrative (SG&A) expenses decreased slightly in Q3, while investment efficiency showed a slight increase over the three quarters.  Earnings per share also showed improvement in the third quarter.