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 58.92 (%).Trend:Increase 209.13% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.28 (%).Trend:Decrease 48.61% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.66 (%).Trend:Decrease 31.77% than previous quarter

Overall: decreasing (-64.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 135.57 (%).Trend:Increase 219.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.98 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.53 (%).Trend:Decrease 33.52% than previous quarter

Overall: decreasing (-67.15%). 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 45.11 (%).Trend:Increase 258.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 21.76 (%).Trend:Decrease 51.76% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 14.06 (%).Trend:Decrease 35.39% than previous quarter

Overall: decreasing (-68.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.15 (%).Trend:Increase 2.11% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.15 (%).Trend:Increase 0.0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.95 (%).Trend:Decrease 1.97% than previous quarter

Overall: decreasing (-1.97%). 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 7.67 (%).Trend:Increase 17.46% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 7.68 (%).Trend:Increase 0.13% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.59 (%).Trend:Decrease 1.17% than previous quarter

Overall: decreasing (-1.04%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1-Q3 2022 show substantial fluctuations across key financial metrics. Working capital efficiency, as reflected in declining liabilities and current assets on revenue, displays significant volatility.  Cost efficiency, as indicated by the ratio of retained earnings to revenue, also experienced a substantial decrease with large variations between quarters.  The selling, general, and administrative (SG&A) expense ratio trended downward with minimal fluctuation.  Conversely, investment efficiency, measured by retained earnings on assets, showed little change.  Overall, significant volatility in key performance indicators is a notable concern.