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 72.15 (%).Trend:Increase 176.12% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.34 (%).Trend:Decrease 57.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.81 (%).Trend:Decrease 28.11% than previous quarter

Overall: decreasing (-69.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 330.18 (%).Trend:Increase 170.26% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 158.82 (%).Trend:Decrease 51.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 99.2 (%).Trend:Decrease 37.54% than previous quarter

Overall: decreasing (-69.96%). 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 123.86 (%).Trend:Increase 183.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 65.09 (%).Trend:Decrease 47.45% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 47.49 (%).Trend:Decrease 27.04% than previous quarter

Overall: decreasing (-61.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.78 (%).Trend:Decrease 6.12% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Decrease 7.59% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.56 (%).Trend:Decrease 5.3% than previous quarter

Overall: decreasing (-12.49%). 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 27.3 (%).Trend:Increase 7.14% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 30.57 (%).Trend:Increase 11.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 32.81 (%).Trend:Increase 7.33% than previous quarter

Overall: increasing (20.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.71 (USD).Trend:Decrease 53.78% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.17 (USD).Trend:Increase 143.86% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.83 (USD).Trend:Increase 63.79% than previous quarter

Overall: increasing (299.42%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 show a complex financial picture.  Working capital efficiency, as measured by liabilities and current assets on revenue, declined significantly, characterized by major quarterly variations.  Cost efficiency, as reflected in the ratio of retained earnings to revenue, similarly declined with large quarterly fluctuations. SG&A expense ratios showed a steady, minor decrease, indicating some operational stability. Investment efficiency, shown by retained earnings on assets, saw a consistent increase. Earnings per share rose substantially, albeit with notable quarterly changes. The data suggests overall instability in some areas, with possible positive growth in investment and earnings.