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 55.72 (%).Trend:Increase 142.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.59 (%).Trend:Decrease 37.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.88 (%).Trend:Decrease 33.85% than previous quarter

Overall: decreasing (-58.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 129.16 (%).Trend:Increase 158.32% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 65.96 (%).Trend:Decrease 48.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.14 (%).Trend:Decrease 33.08% than previous quarter

Overall: decreasing (-65.83%). 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 67.34 (%).Trend:Increase 174.07% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 33.4 (%).Trend:Decrease 50.4% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.65 (%).Trend:Decrease 32.19% than previous quarter

Overall: decreasing (-66.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.96 (%).Trend:Decrease 10.94% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.07 (%).Trend:Decrease 3.88% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.03 (%).Trend:Decrease 0.18% than previous quarter

Overall: decreasing (-4.05%). 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 23.84 (%).Trend:Increase 7.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 23.32 (%).Trend:Decrease 2.18% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.44 (%).Trend:Increase 4.8% than previous quarter

Overall: increasing (2.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 17.07% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.45 (USD).Trend:Increase 113.24% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.19 (USD).Trend:Increase 51.03% than previous quarter

Overall: increasing (222.06%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2022 reveal declining trends in working capital efficiency, liabilities and current assets on revenue. Cost efficiency (ratio of retained earnings to revenue) is also decreasing substantially. The selling, general, and administrative (SG&A) expense ratio is consistently decreasing with little fluctuation. Investment efficiency (retained earnings on assets) displays a minor increase. Earnings per share show a strong increase, but with large variations across the quarters.