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 175.65 (%).Trend:Increase 215.92% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 86.25 (%).Trend:Decrease 50.9% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 56.41 (%).Trend:Decrease 34.6% than previous quarter

Overall: decreasing (-67.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 279.88 (%).Trend:Increase 230.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 123.3 (%).Trend:Decrease 55.95% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 78.04 (%).Trend:Decrease 36.71% than previous quarter

Overall: decreasing (-72.12%). 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 362.9 (%).Trend:Increase 274.59% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 170.48 (%).Trend:Decrease 53.02% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 102.86 (%).Trend:Decrease 39.66% than previous quarter

Overall: decreasing (-71.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.4 (%).Trend:Increase 15.79% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.35 (%).Trend:Decrease 3.98% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.94 (%).Trend:Decrease 5.56% than previous quarter

Overall: decreasing (-9.32%). 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 44.34 (%).Trend:Increase 6.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 44.89 (%).Trend:Increase 1.24% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 44.65 (%).Trend:Decrease 0.53% than previous quarter

Overall: increasing (0.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 82.47% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 231.82% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 63.7% than previous quarter

Overall: increasing (443.18%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2022 to Q3 2022 reveals a significant decrease in liabilities on revenue and current assets on revenue, with high fluctuations throughout the period.  The ratio of retained earnings to revenue also shows an overall decrease with considerable variation. In contrast, the SG&A expense ratio demonstrates a slight decrease with minimal fluctuation, while retained earnings on assets show minimal growth and little fluctuation.  Earnings per share shows a large overall increase, but with substantial variability between quarters.