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 70.5 (%).Trend:Increase 195.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 58.05 (%).Trend:Decrease 17.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.39 (%).Trend:Decrease 25.25% than previous quarter

Overall: decreasing (-38.45%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 173.06 (%).Trend:Increase 191.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 85.16 (%).Trend:Decrease 50.79% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 58.51 (%).Trend:Decrease 31.29% than previous quarter

Overall: decreasing (-66.19%). 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 550.87 (%).Trend:Increase 204.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 276.06 (%).Trend:Decrease 49.89% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 186.09 (%).Trend:Decrease 32.59% than previous quarter

Overall: decreasing (-66.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Increase 0.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.76 (%).Trend:Decrease 4.93% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.25 (%).Trend:Decrease 1.77% than previous quarter

Overall: decreasing (-6.61%). 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 87.5 (%).Trend:Increase 0.85% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 90.5 (%).Trend:Increase 3.43% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 92.79 (%).Trend:Increase 2.53% than previous quarter

Overall: increasing (6.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.07 (USD).Trend:Decrease 65.03% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.97 (USD).Trend:Increase 91.79% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.44 (USD).Trend:Increase 62.22% than previous quarter

Overall: increasing (211.11%). Fluctuation: **Significant** (high variation).



Q1 to Q3 2022 financial statements show a mixed performance.  Liabilities and current assets on revenue show a decreasing trend. The retained earnings to revenue ratio is also decreasing significantly. However, the Selling, General and Administrative (SG&A) expense ratio exhibits a minor decrease, and the retained earnings on assets ratio is steadily increasing. Earnings per share display a considerable increase from Q1 to Q3 2022. Overall, the data indicates a mixed trend, with some metrics showing a clear decline while others show consistent increase.