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 379.13 (%).Trend:Increase 193.13% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 162.06 (%).Trend:Decrease 57.25% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 87.17 (%).Trend:Decrease 46.21% than previous quarter

Overall: decreasing (-77.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 342.42 (%).Trend:Increase 136.36% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 162.82 (%).Trend:Decrease 52.45% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 119.46 (%).Trend:Decrease 26.63% than previous quarter

Overall: decreasing (-65.11%). 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 -1149.93 (%).Trend:Increase 105.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -575.31 (%).Trend:Decrease 49.97% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -385.47 (%).Trend:Decrease 33.0% than previous quarter

Overall: increasing (-66.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.11 (%).Trend:Decrease 47.75% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.56 (%).Trend:Increase 1.55% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.25 (%).Trend:Increase 5.72% than previous quarter

Overall: increasing (7.35%). 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 -123.89 (%).Trend:Decrease 14.53% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -128.06 (%).Trend:Increase 3.37% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -126.23 (%).Trend:Decrease 1.43% than previous quarter

Overall: decreasing (1.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 242.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.37 (USD).Trend:Increase 85.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.45 (USD).Trend:Increase 21.62% than previous quarter

Overall: increasing (125.0%). Fluctuation: **Significant** (high variation).



Key findings reveal significant volatility across most financial metrics. Liabilities and current assets on revenue both declined substantially over the three quarters, indicating potential working capital challenges.  Cost efficiency metrics were inconsistent; while SG&A expenses showed modest growth, retained earnings relative to revenue exhibited dramatic swings. Investment efficiency was mixed, with retained earnings on assets falling, yet earnings per share demonstrated strong growth.