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 80.14 (%).Trend:Increase 162.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.35 (%).Trend:Decrease 58.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.16 (%).Trend:Decrease 42.55% than previous quarter

Overall: decreasing (-76.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 125.46 (%).Trend:Increase 332.62% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 60.15 (%).Trend:Decrease 52.06% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 31.83 (%).Trend:Decrease 47.08% than previous quarter

Overall: decreasing (-74.63%). 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 131.16 (%).Trend:Decrease 12.04% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 73.49 (%).Trend:Decrease 43.97% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 56.03 (%).Trend:Decrease 23.76% than previous quarter

Overall: decreasing (-57.28%). 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 13.36 (%).Trend:Decrease 72.23% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 16.76 (%).Trend:Increase 25.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 20.37 (%).Trend:Increase 21.54% than previous quarter

Overall: increasing (52.47%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.75 (USD).Trend:Increase 36.36% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.28 (USD).Trend:Increase 204.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.78 (USD).Trend:Increase 65.79% than previous quarter

Overall: increasing (404.0%). Fluctuation: **Significant** (high variation).



Financial performance in 2022 shows significant volatility.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased substantially during the period. Cost efficiency, specifically the ratio of retained earnings to revenue, also decreased significantly.  However, earnings per share increased substantially, while investment efficiency showed a notable increase though fluctuating.