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 76.17 (%).Trend:Increase 129.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 27.62 (%).Trend:Decrease 63.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 18.07 (%).Trend:Decrease 34.58% than previous quarter

Overall: decreasing (-76.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 96.67 (%).Trend:Increase 170.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 47.01 (%).Trend:Decrease 51.37% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.75 (%).Trend:Decrease 28.21% than previous quarter

Overall: decreasing (-65.09%). 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 -256.0 (%).Trend:Increase 98.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -117.49 (%).Trend:Decrease 54.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -82.21 (%).Trend:Decrease 30.03% than previous quarter

Overall: increasing (-67.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.55 (%).Trend:Decrease 38.25% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.09 (%).Trend:Decrease 29.68% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.17 (%).Trend:Increase 7.34% than previous quarter

Overall: decreasing (-24.52%). 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 -114.24 (%).Trend:Decrease 15.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -119.36 (%).Trend:Increase 4.48% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -116.66 (%).Trend:Decrease 2.26% than previous quarter

Overall: decreasing (2.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 107.14% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.57 (USD).Trend:Increase 216.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.02 (USD).Trend:Increase 78.95% than previous quarter

Overall: increasing (466.67%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 to Q3 2022 indicates significant volatility across various metrics. Liabilities on revenue, and current assets on revenue, both demonstrated substantial decreases overall, but with highly varying quarterly trends. Cost efficiency, measured by retained earnings to revenue and SG&A expense ratio, showed an overall increase, yet displayed notable quarterly decreases. Invest efficiency, measured by retained earnings on assets, showed a marginal decrease overall, but with considerable quarterly fluctuations. Earnings per share, however, exhibited a strong overall increasing trend.