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 232.28 (%).Trend:Increase 609.04% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 155.24 (%).Trend:Decrease 33.17% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 71.61 (%).Trend:Decrease 53.87% than previous quarter

Overall: decreasing (-69.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 113.72 (%).Trend:Increase 450.17% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 124.44 (%).Trend:Increase 9.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 65.38 (%).Trend:Decrease 47.46% than previous quarter

Overall: decreasing (-42.51%). 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 545.34 (%).Trend:Increase 508.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 229.61 (%).Trend:Decrease 57.9% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 126.87 (%).Trend:Decrease 44.75% than previous quarter

Overall: decreasing (-76.74%). 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 24.08 (%).Trend:Increase 7.89% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 24.49 (%).Trend:Increase 1.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 26.37 (%).Trend:Increase 7.68% than previous quarter

Overall: increasing (9.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.4 (USD).Trend:Decrease 33.01% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.76 (USD).Trend:Increase 25.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.07 (USD).Trend:Increase 74.43% than previous quarter

Overall: increasing (119.29%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant volatility in working capital efficiency, with liabilities on revenue decreasing by 69.17% overall but fluctuating dramatically.  Current assets on revenue also experienced a decrease of 42.51%, demonstrating similar instability.  Cost efficiency, as measured by the declining ratio of retained earnings to revenue (76.74% decrease), is a major concern.  However, retained earnings on assets showed a steady, modest increase of 9.51%.  Earning per share (EPS) exhibited substantial fluctuations, with a substantial overall increase of 119.29%.  These mixed trends highlight a need for further analysis to understand the underlying factors driving these changes.