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 106.32 (%).Trend:Increase 161.16% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 53.52 (%).Trend:Decrease 49.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 39.82 (%).Trend:Decrease 25.6% than previous quarter

Overall: decreasing (-62.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 196.97 (%).Trend:Increase 164.99% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 107.79 (%).Trend:Decrease 45.28% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 74.03 (%).Trend:Decrease 31.32% than previous quarter

Overall: decreasing (-62.42%). 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 279.91 (%).Trend:Increase 191.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 148.96 (%).Trend:Decrease 46.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 104.63 (%).Trend:Decrease 29.76% than previous quarter

Overall: decreasing (-62.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.43 (%).Trend:Decrease 10.5% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.95 (%).Trend:Increase 2.22% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.66 (%).Trend:Increase 2.96% than previous quarter

Overall: increasing (5.25%). 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 44.99 (%).Trend:Increase 9.31% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 46.48 (%).Trend:Increase 3.31% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 48.23 (%).Trend:Increase 3.77% than previous quarter

Overall: increasing (7.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.38 (USD).Trend:Decrease 51.58% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.53 (USD).Trend:Increase 83.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 18.58% than previous quarter

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



The period from Q1 2022 to Q3 2022 displays a concerning trend of significant decreases in key working capital efficiency ratios (Liabilities, Current Assets, Retained Earnings on Revenue).  Cost efficiency, as measured by the SG&A ratio, showed a slight increase, while investment efficiency (Retained Earnings on Assets) showed steady growth.  Earnings per share demonstrated substantial growth.