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 95.03 (%).Trend:Increase 173.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.07 (%).Trend:Decrease 47.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.46 (%).Trend:Decrease 37.17% than previous quarter

Overall: decreasing (-66.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 223.06 (%).Trend:Increase 219.25% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 116.33 (%).Trend:Decrease 47.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 80.29 (%).Trend:Decrease 30.98% than previous quarter

Overall: decreasing (-64.01%). 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 45.46 (%).Trend:Increase 322.88% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 23.87 (%).Trend:Decrease 47.49% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 16.77 (%).Trend:Decrease 29.74% than previous quarter

Overall: decreasing (-63.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.55 (%).Trend:Decrease 38.95% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.27 (%).Trend:Increase 35.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.15 (%).Trend:Increase 6.17% than previous quarter

Overall: increasing (43.6%). Fluctuation: **Neutral** (moderate 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 17.04 (%).Trend:Increase 31.68% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 17.33 (%).Trend:Increase 1.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 17.89 (%).Trend:Increase 3.23% than previous quarter

Overall: increasing (4.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 17.74% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.87 (USD).Trend:Increase 70.59% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 14.94% than previous quarter

Overall: increasing (96.08%). Fluctuation: **Significant** (high variation).



Financial data for Q1 to Q3 2022 indicates substantial volatility in key financial indicators. Liabilities and current assets on revenue both experienced large fluctuations, leading to negative overall trends. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also exhibited a considerable decrease.  However, the selling, general, and administrative expense ratio showed a more moderate increase overall.  Investment efficiency remained consistent and positive. Earnings per share, though showing an upward trend overall, experienced fluctuations.  The high volatility across various metrics requires further investigation to determine the underlying causes.