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 79.44 (%).Trend:Increase 220.45% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.68 (%).Trend:Decrease 52.57% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.21 (%).Trend:Decrease 19.82% than previous quarter

Overall: decreasing (-61.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 148.95 (%).Trend:Increase 145.71% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 75.75 (%).Trend:Decrease 49.14% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.94 (%).Trend:Decrease 28.79% than previous quarter

Overall: decreasing (-63.79%). 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 294.23 (%).Trend:Increase 144.19% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 139.87 (%).Trend:Decrease 52.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 95.22 (%).Trend:Decrease 31.92% than previous quarter

Overall: decreasing (-67.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.57 (%).Trend:Decrease 7.69% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.37 (%).Trend:Decrease 8.84% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.12 (%).Trend:Decrease 2.02% than previous quarter

Overall: decreasing (-10.69%). 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 60.12 (%).Trend:Increase 2.79% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 61.71 (%).Trend:Increase 2.64% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 63.27 (%).Trend:Increase 2.53% than previous quarter

Overall: increasing (5.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 3.71 (USD).Trend:Decrease 33.39% than previous quarter
Year 2022 Quarter 2: Earning Per Share 9.5 (USD).Trend:Increase 156.06% than previous quarter
Year 2022 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 47.37% than previous quarter

Overall: increasing (277.36%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 reveal a mixed performance picture. Liabilities and current assets on revenue show significant declines, with fluctuating patterns.  Cost efficiency, as measured by the SG&A expense ratio, is declining consistently. The ratio of retained earnings to revenue also declines sharply.  Investment efficiency, as measured by retained earnings on assets, is stable.  Earnings per share shows significant positive growth across the three quarters.