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 117.02 (%).Trend:Increase 128.33% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 70.5 (%).Trend:Decrease 39.75% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 41.06 (%).Trend:Decrease 41.76% than previous quarter

Overall: decreasing (-64.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 156.12 (%).Trend:Increase 151.52% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 86.78 (%).Trend:Decrease 44.41% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.2 (%).Trend:Decrease 39.85% than previous quarter

Overall: decreasing (-66.56%). 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 175.35 (%).Trend:Increase 136.8% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 95.29 (%).Trend:Decrease 45.66% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 66.76 (%).Trend:Decrease 29.94% than previous quarter

Overall: decreasing (-61.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 35.36 (%).Trend:Decrease 5.12% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.41 (%).Trend:Increase 2.97% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 39.25 (%).Trend:Increase 7.8% than previous quarter

Overall: increasing (11.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 26.32% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.72 (USD).Trend:Increase 53.57% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 16.28% than previous quarter

Overall: increasing (78.57%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 reveals a concerning trend of overall decreases across key metrics. Liabilities, current assets, and the ratio of retained earnings to revenue all demonstrate substantial decreases, exhibiting high volatility.  In contrast, retained earnings on assets show a small overall increase with limited fluctuation. Earnings per share, however, showed a significant increase overall, but with significant quarter-to-quarter variations.