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 149.46 (%).Trend:Increase 205.64% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 80.25 (%).Trend:Decrease 46.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 54.95 (%).Trend:Decrease 31.53% than previous quarter

Overall: decreasing (-63.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 202.96 (%).Trend:Increase 210.34% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 101.79 (%).Trend:Decrease 49.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 69.34 (%).Trend:Decrease 31.88% than previous quarter

Overall: decreasing (-65.84%). 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 216.71 (%).Trend:Increase 220.48% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 108.53 (%).Trend:Decrease 49.92% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 73.43 (%).Trend:Decrease 32.34% than previous quarter

Overall: decreasing (-66.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.35 (%).Trend:Decrease 7.35% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 1.21% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (1.21%). 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 22.65 (%).Trend:Increase 6.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 23.53 (%).Trend:Increase 3.89% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.35 (%).Trend:Increase 3.48% than previous quarter

Overall: increasing (7.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 58.97% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 113.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.6 (USD).Trend:Increase 52.05% than previous quarter

Overall: increasing (225.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2022 indicate significant fluctuations in working capital efficiency (liabilities and current assets on revenue) and cost efficiency (retained earnings-to-revenue ratio).  Earnings per share (EPS) demonstrates significant variation, while the selling, general, and administrative (SG&A) expense ratio shows minor fluctuations.  Investment efficiency (retained earnings on assets) presents a stable, positive trend, offering a counterpoint to the other significant changes observed.