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 85.37 (%).Trend:Increase 212.94% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 39.29 (%).Trend:Decrease 53.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.72 (%).Trend:Decrease 37.08% than previous quarter

Overall: decreasing (-71.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 202.7 (%).Trend:Increase 225.67% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 98.75 (%).Trend:Decrease 51.28% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 62.67 (%).Trend:Decrease 36.54% than previous quarter

Overall: decreasing (-69.08%). 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 95.19 (%).Trend:Increase 241.06% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 45.75 (%).Trend:Decrease 51.94% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 31.57 (%).Trend:Decrease 30.99% than previous quarter

Overall: decreasing (-66.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.25 (%).Trend:Decrease 0.98% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.19 (%).Trend:Decrease 7.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.01 (%).Trend:Decrease 0.71% than previous quarter

Overall: decreasing (-8.22%). 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 20.93 (%).Trend:Increase 12.35% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.11 (%).Trend:Increase 5.64% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.49 (%).Trend:Increase 10.76% than previous quarter

Overall: increasing (17.01%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 61.4% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.51 (USD).Trend:Increase 131.82% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.75 (USD).Trend:Increase 47.06% than previous quarter

Overall: increasing (240.91%). Fluctuation: **Significant** (high variation).



The financial statements reveal significant fluctuations in working capital efficiency, cost efficiency, and earnings per share, particularly during Q1 2022. Liabilities and current assets on revenue show large, fluctuating increases and decreases across the three quarters, indicating instability.  Retained earnings to revenue also demonstrates considerable volatility.  SG&A expense ratio shows a more stable, albeit decreasing trend. Investment efficiency, measured by retained earnings on assets, shows a steady increase.  Earning per share displays substantial variation with a large increase from Q2 to Q3 2022.  Overall, the data suggests high operating risk and potential instability in the company's financial performance.