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 89.45 (%).Trend:Increase 171.8% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 82.35 (%).Trend:Decrease 7.94% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.14 (%).Trend:Decrease 69.47% than previous quarter

Overall: decreasing (-71.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 131.05 (%).Trend:Increase 158.58% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 122.19 (%).Trend:Decrease 6.76% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.45 (%).Trend:Decrease 66.9% than previous quarter

Overall: decreasing (-69.13%). 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 149.86 (%).Trend:Increase 212.53% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 148.19 (%).Trend:Decrease 1.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 51.55 (%).Trend:Decrease 65.21% than previous quarter

Overall: decreasing (-65.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.19 (%).Trend:Increase 6.38% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.65 (%).Trend:Decrease 3.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.67 (%).Trend:Increase 0.04% than previous quarter

Overall: decreasing (-3.15%). 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 51.61 (%).Trend:Increase 10.07% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 54.05 (%).Trend:Increase 4.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 57.04 (%).Trend:Increase 5.53% than previous quarter

Overall: increasing (10.52%). Fluctuation: **Little** (low variation).

Earning Per Share


The financial statements show significant fluctuations in working capital efficiency, particularly for liabilities and current assets on revenue, indicating unstable short-term financial health. Cost efficiency, reflected by a substantial drop in the retained earnings-to-revenue ratio, suggests a need for cost optimization, while SG&A expense shows little fluctuation. Investment efficiency demonstrates consistent growth in retained earnings on assets. Earning per share shows significant variation.