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 103.22 (%).Trend:Increase 204.39% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.21 (%).Trend:Decrease 52.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.48 (%).Trend:Decrease 38.06% than previous quarter

Overall: decreasing (-70.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 203.33 (%).Trend:Increase 214.65% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 96.8 (%).Trend:Decrease 52.39% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 65.15 (%).Trend:Decrease 32.7% than previous quarter

Overall: decreasing (-67.96%). 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 161.29 (%).Trend:Increase 222.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 79.57 (%).Trend:Decrease 50.67% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 54.81 (%).Trend:Decrease 31.12% than previous quarter

Overall: decreasing (-66.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.68 (%).Trend:Increase 3.89% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.92 (%).Trend:Decrease 2.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Decrease 2.01% than previous quarter

Overall: decreasing (-4.51%). 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 39.64 (%).Trend:Increase 3.82% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 41.78 (%).Trend:Increase 5.4% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.69 (%).Trend:Increase 4.57% than previous quarter

Overall: increasing (10.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.56 (USD).Trend:Decrease 81.82% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 160.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.3 (USD).Trend:Increase 57.53% than previous quarter

Overall: increasing (310.71%). Fluctuation: **Significant** (high variation).



Q1 2022 to Q3 2022 financial performance analysis shows significant fluctuations, particularly in revenue-related metrics (liabilities and current assets), ratio of retained earnings to revenue, and EPS.  While the SG&A expense ratio shows little variation, EPS displayed a significant drop followed by substantial growth.  Retained earnings on assets show a moderate increase.