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 91.72 (%).Trend:Increase 182.74% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 45.92 (%).Trend:Decrease 49.93% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.77 (%).Trend:Decrease 35.17% than previous quarter

Overall: decreasing (-67.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 183.05 (%).Trend:Increase 164.37% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 91.81 (%).Trend:Decrease 49.84% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 58.34 (%).Trend:Decrease 36.46% than previous quarter

Overall: decreasing (-68.13%). 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 97.71 (%).Trend:Increase 219.21% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 50.23 (%).Trend:Decrease 48.59% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 34.92 (%).Trend:Decrease 30.48% than previous quarter

Overall: decreasing (-64.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.1 (%).Trend:Decrease 1.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.59 (%).Trend:Decrease 4.59% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.52 (%).Trend:Decrease 0.66% than previous quarter

Overall: decreasing (-5.23%). 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 33.32 (%).Trend:Increase 15.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 34.89 (%).Trend:Increase 4.71% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 37.54 (%).Trend:Increase 7.6% than previous quarter

Overall: increasing (12.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.74 (USD).Trend:Decrease 68.24% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.82 (USD).Trend:Increase 145.95% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.02 (USD).Trend:Increase 65.93% than previous quarter

Overall: increasing (308.11%). Fluctuation: **Significant** (high variation).



The financial statements for Q1 2022 to Q3 2022 show significant fluctuations in working capital efficiency. Liabilities on revenue increased dramatically in Q1, then decreased substantially in Q2 and Q3. Current assets on revenue also exhibited a similar pattern of significant increases and decreases. Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue across the quarters.  SG&A expense ratio has shown a steady, albeit slight, decrease. Investment efficiency, however, shows a positive trend in retained earnings on assets with minimal fluctuations. Earnings per share saw a large drop in Q1, followed by a surge to a higher level in Q3, indicating significant quarterly variation.