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 43.75 (%).Trend:Increase 195.81% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 24.38 (%).Trend:Decrease 44.27% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 15.19 (%).Trend:Decrease 37.69% than previous quarter

Overall: decreasing (-65.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 178.04 (%).Trend:Increase 187.86% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 90.53 (%).Trend:Decrease 49.15% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 60.47 (%).Trend:Decrease 33.2% than previous quarter

Overall: decreasing (-66.04%). 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 179.74 (%).Trend:Increase 177.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 91.07 (%).Trend:Decrease 49.33% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.3 (%).Trend:Decrease 32.69% than previous quarter

Overall: decreasing (-65.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.54 (%).Trend:Decrease 0.35% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.25 (%).Trend:Decrease 1.14% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.1 (%).Trend:Decrease 0.59% than previous quarter

Overall: decreasing (-1.72%). 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 68.57 (%).Trend:Decrease 0.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 69.06 (%).Trend:Increase 0.71% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 70.01 (%).Trend:Increase 1.38% than previous quarter

Overall: increasing (2.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.47 (USD).Trend:Decrease 61.16% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.97 (USD).Trend:Increase 106.38% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 3.09% than previous quarter

Overall: increasing (112.77%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1-Q3 2022 indicates substantial fluctuations in key financial metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all exhibit notable increases and decreases across the three quarters, suggesting significant volatility.  SG&A expense ratios show a consistent downward trend with little fluctuation.  Investment efficiency (retained earnings on assets) shows a moderate upward trend.  Earning per share displays a significant surge in Q2 and Q3 after a sharp decline in Q1.