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 186.1 (%).Trend:Increase 151.59% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 91.95 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 60.34 (%).Trend:Decrease 34.38% than previous quarter

Overall: decreasing (-67.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 177.82 (%).Trend:Increase 184.38% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 86.11 (%).Trend:Decrease 51.57% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 56.98 (%).Trend:Decrease 33.83% than previous quarter

Overall: decreasing (-67.96%). 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 452.34 (%).Trend:Increase 198.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 224.47 (%).Trend:Decrease 50.38% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 152.23 (%).Trend:Decrease 32.18% than previous quarter

Overall: decreasing (-66.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.91 (%).Trend:Increase 1.04% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.0 (%).Trend:Decrease 2.61% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.91 (%).Trend:Decrease 0.26% than previous quarter

Overall: decreasing (-2.86%). 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 38.28 (%).Trend:Decrease 2.55% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 39.66 (%).Trend:Increase 3.61% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 41.15 (%).Trend:Increase 3.76% than previous quarter

Overall: increasing (7.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.46 (USD).Trend:Decrease 61.02% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.94 (USD).Trend:Increase 104.35% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 6.38% than previous quarter

Overall: increasing (117.39%). Fluctuation: **Significant** (high variation).



The financial statements for Q1-Q3 2022 show concerning trends in working capital efficiency.  Both liabilities and current assets on revenue declined significantly from Q1 to Q3.  Cost efficiency, as measured by the retained earnings to revenue ratio, also decreased sharply.  The Selling, General, and Administrative (SG&A) expense ratio shows a very slight overall decrease, while investment efficiency displays a modest increase in retained earnings on assets. Earnings per share show substantial volatility, with the overall trend pointing to growth, but with considerable fluctuation between quarters.