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 52.31 (%).Trend:Increase 184.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.8 (%).Trend:Decrease 35.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.82 (%).Trend:Decrease 29.53% than previous quarter

Overall: decreasing (-54.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 432.53 (%).Trend:Increase 175.02% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 211.82 (%).Trend:Decrease 51.03% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 138.71 (%).Trend:Decrease 34.52% than previous quarter

Overall: decreasing (-67.93%). 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 67.12 (%).Trend:Increase 238.82% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 35.56 (%).Trend:Decrease 47.02% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 26.33 (%).Trend:Decrease 25.96% than previous quarter

Overall: decreasing (-60.77%). 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 11.26 (%).Trend:Increase 21.34% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 11.85 (%).Trend:Increase 5.24% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 12.75 (%).Trend:Increase 7.59% than previous quarter

Overall: increasing (13.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 79.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.4 (USD).Trend:Increase 122.22% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.77 (USD).Trend:Increase 92.5% than previous quarter

Overall: increasing (327.78%). Fluctuation: **Significant** (high variation).



Financial analysis reveals significant fluctuations in key metrics. Liabilities on revenue decreased by 54.46% overall, with large swings in each quarter. Current assets on revenue decreased by 67.93%, also showing significant quarter-to-quarter changes.  Retained earnings to revenue decreased by 60.77%, with a similar pattern of significant fluctuation. Investment efficiency, measured by retained earnings on assets, showed a modest increase (13.23%), with little fluctuation. Earnings per share increased substantially (327.78%), despite considerable quarter-to-quarter variability.