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 58.94 (%).Trend:Increase 170.37% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 29.28 (%).Trend:Decrease 50.32% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.05 (%).Trend:Decrease 28.11% than previous quarter

Overall: decreasing (-64.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 55.84 (%).Trend:Increase 206.64% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 28.24 (%).Trend:Decrease 49.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 19.93 (%).Trend:Decrease 29.43% than previous quarter

Overall: decreasing (-64.31%). 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 60.21 (%).Trend:Increase 163.73% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 30.53 (%).Trend:Decrease 49.29% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 20.58 (%).Trend:Decrease 32.59% than previous quarter

Overall: decreasing (-65.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.51 (%).Trend:Decrease 2.43% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.45 (%).Trend:Decrease 0.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.75 (%).Trend:Increase 1.47% than previous quarter

Overall: increasing (1.17%). 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 34.9 (%).Trend:Decrease 5.11% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 35.45 (%).Trend:Increase 1.58% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 34.99 (%).Trend:Decrease 1.3% than previous quarter

Overall: increasing (0.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 80.6% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.5 (USD).Trend:Increase 157.73% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.61 (USD).Trend:Increase 44.4% than previous quarter

Overall: increasing (272.16%). Fluctuation: **Significant** (high variation).



The analysis from Q1 2022 to Q3 2022 shows significant volatility in working capital efficiency, with notable fluctuations in both liabilities and current assets on revenue.  Cost efficiency demonstrates a declining trend in the ratio of retained earnings to revenue, exhibiting high variability.  SG&A expense ratio, however, shows a relatively stable decline. Invest efficiency remains relatively stable, with slight decreases in retained earnings on assets. Earnings per share display substantial fluctuation, declining drastically in Q1 2022 before increasing and decreasing again.