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 59.57 (%).Trend:Increase 174.64% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.7 (%).Trend:Decrease 48.46% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 15.93 (%).Trend:Decrease 48.11% than previous quarter

Overall: decreasing (-73.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 107.77 (%).Trend:Increase 209.86% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 60.46 (%).Trend:Decrease 43.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.95 (%).Trend:Decrease 35.58% than previous quarter

Overall: decreasing (-63.86%). 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 54.0 (%).Trend:Increase 261.69% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.34 (%).Trend:Decrease 40.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.61 (%).Trend:Decrease 23.9% than previous quarter

Overall: decreasing (-54.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 14.17 (%).Trend:Increase 28.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 16.6 (%).Trend:Increase 17.15% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 19.04 (%).Trend:Increase 14.7% than previous quarter

Overall: increasing (34.37%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 61.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Increase 126.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.44 (USD).Trend:Increase 41.18% than previous quarter

Overall: increasing (220.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2022 to Q3 2022 highlights substantial volatility across key metrics. Liabilities and current assets on revenue declined sharply, indicating potential challenges in working capital management.  Retained earnings on assets, however, maintained a positive upward trend.  Earnings per share initially declined in Q1 2022 but saw a considerable recovery in the subsequent quarters.  The data signals the need for a thorough review of current financial strategies and potential risk factors, particularly regarding the significant fluctuations in revenue-related metrics.