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 54.84 (%).Trend:Increase 179.37% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.01 (%).Trend:Decrease 54.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.12 (%).Trend:Decrease 31.55% than previous quarter

Overall: decreasing (-68.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 206.98 (%).Trend:Increase 224.57% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 98.69 (%).Trend:Decrease 52.32% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 66.6 (%).Trend:Decrease 32.52% than previous quarter

Overall: decreasing (-67.82%). 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 179.59 (%).Trend:Increase 190.55% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 89.22 (%).Trend:Decrease 50.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 62.12 (%).Trend:Decrease 30.37% than previous quarter

Overall: decreasing (-65.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.82 (%).Trend:Decrease 1.98% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.33 (%).Trend:Decrease 3.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.32 (%).Trend:Decrease 0.07% than previous quarter

Overall: decreasing (-3.37%). 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 48.59 (%).Trend:Decrease 3.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 50.77 (%).Trend:Increase 4.49% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 52.73 (%).Trend:Increase 3.86% than previous quarter

Overall: increasing (8.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.56 (USD).Trend:Decrease 69.77% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.95 (USD).Trend:Increase 153.21% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.13 (USD).Trend:Increase 55.19% than previous quarter

Overall: increasing (292.95%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased substantially from Q1 to Q3 2022, then increased significantly in Q1 2023. Current assets on revenue also decreased significantly over the same period, increasing again in Q1 2023.  Cost efficiency shows significant fluctuation in the ratio of retained earnings to revenue.  The SG&A expense ratio decreased slightly over the three quarters. Investment efficiency shows little fluctuation with retained earnings on assets increasing steadily.  Earnings per share experienced significant fluctuations, increasing from Q1 to Q3 2022, then decreased in Q1 2023 before rising again in Q2 2023.