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 91.43 (%).Trend:Increase 150.01% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 46.4 (%).Trend:Decrease 49.25% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.96 (%).Trend:Decrease 31.12% than previous quarter

Overall: decreasing (-65.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 295.5 (%).Trend:Increase 168.76% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 129.71 (%).Trend:Decrease 56.1% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 87.24 (%).Trend:Decrease 32.74% than previous quarter

Overall: decreasing (-70.48%). 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 196.99 (%).Trend:Increase 180.05% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 96.35 (%).Trend:Decrease 51.09% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 64.66 (%).Trend:Decrease 32.89% than previous quarter

Overall: decreasing (-67.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 8.21% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.45 (%).Trend:Increase 0.32% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.89 (%).Trend:Decrease 4.5% than previous quarter

Overall: decreasing (-4.19%). 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 42.73 (%).Trend:Increase 5.09% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 43.01 (%).Trend:Increase 0.66% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 44.37 (%).Trend:Increase 3.16% than previous quarter

Overall: increasing (3.84%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.98 (USD).Trend:Decrease 60.48% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.18 (USD).Trend:Increase 122.45% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 83.49% than previous quarter

Overall: increasing (308.16%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2022 to Q3 2022 highlights significant fluctuations. Liabilities and current assets on revenue, and the ratio of retained earnings to revenue, all demonstrate substantial decreases.  Earnings per share shows a large increase from Q2 to Q3. The SG&A expense ratio exhibits consistent decreases.  Investment efficiency, retained earnings on assets, show minimal overall increase.