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 229.39 (%).Trend:Increase 241.96% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 122.21 (%).Trend:Decrease 46.72% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 72.07 (%).Trend:Decrease 41.03% than previous quarter

Overall: decreasing (-68.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 293.83 (%).Trend:Increase 427.71% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 192.7 (%).Trend:Decrease 34.42% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 101.28 (%).Trend:Decrease 47.44% than previous quarter

Overall: decreasing (-65.53%). 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 747.44 (%).Trend:Increase 245.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 448.29 (%).Trend:Decrease 40.02% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 301.32 (%).Trend:Decrease 32.78% than previous quarter

Overall: decreasing (-59.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.89 (%).Trend:Decrease 2.21% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.07 (%).Trend:Increase 5.47% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.58 (%).Trend:Decrease 1.16% than previous quarter

Overall: increasing (4.24%). 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 44.51 (%).Trend:Increase 14.39% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 45.81 (%).Trend:Increase 2.92% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 48.67 (%).Trend:Increase 6.24% than previous quarter

Overall: increasing (9.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 19.13 (USD).Trend:Increase 132.73% than previous quarter
Year 2022 Quarter 2: Earning Per Share 21.64 (USD).Trend:Increase 13.12% than previous quarter
Year 2022 Quarter 3: Earning Per Share 24.0 (USD).Trend:Increase 10.91% than previous quarter

Overall: increasing (25.46%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q1 2022 to Q3 2022 reveal significant fluctuations in key financial metrics.  Liabilities and current assets on revenue showed sharp declines across the period, indicating a potential shift in operational strategies.  The ratio of retained earnings to revenue also decreased significantly, suggesting a shift in profitability or investment strategy.  SG&A expenses saw a slight uptrend, while investment efficiency (retained earnings on assets) remained relatively stable.  Earnings per share continued an upward trend with significant variations.