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 51.95 (%).Trend:Increase 165.19% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.6 (%).Trend:Decrease 50.72% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.11 (%).Trend:Decrease 33.16% than previous quarter

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

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 77.45 (%).Trend:Increase 190.18% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 37.96 (%).Trend:Decrease 50.99% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 22.58 (%).Trend:Decrease 40.52% than previous quarter

Overall: decreasing (-70.85%). 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 75.33 (%).Trend:Increase 161.65% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 39.75 (%).Trend:Decrease 47.23% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 28.36 (%).Trend:Decrease 28.65% than previous quarter

Overall: decreasing (-62.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 68.27 (%).Trend:Decrease 5.7% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 72.56 (%).Trend:Increase 6.28% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 81.93 (%).Trend:Increase 12.91% than previous quarter

Overall: increasing (20.01%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.07 (USD).Trend:Decrease 55.1% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.78 (USD).Trend:Increase 130.92% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 25.52% than previous quarter

Overall: increasing (189.86%). Fluctuation: **Significant** (high variation).



Analyzing Q1 to Q3 2022 financial performance, working capital efficiency (liabilities and current assets on revenue) reveals a substantial decrease with significant fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, also declined substantially. Investment efficiency, however, showed a slight upward trend in retained earnings on assets, which is stable. Earnings per share experienced a pronounced overall increase, but with notable volatility. The significant fluctuations across all categories suggest a period of market instability and require careful financial planning.