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 55.49 (%).Trend:Increase 186.92% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 29.28 (%).Trend:Decrease 47.23% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.11 (%).Trend:Decrease 31.32% than previous quarter

Overall: decreasing (-63.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 87.98 (%).Trend:Increase 172.38% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.25 (%).Trend:Decrease 47.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.63 (%).Trend:Decrease 29.45% than previous quarter

Overall: decreasing (-62.91%). 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 7.66 (%).Trend:Decrease 639.44% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 5.49 (%).Trend:Decrease 28.33% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 4.9 (%).Trend:Decrease 10.75% than previous quarter

Overall: decreasing (-36.03%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.63 (%).Trend:Decrease 5.55% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.54 (%).Trend:Decrease 0.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.32 (%).Trend:Decrease 1.51% than previous quarter

Overall: decreasing (-2.12%). 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 2.44 (%).Trend:Decrease 290.62% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 3.49 (%).Trend:Increase 43.03% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 4.65 (%).Trend:Increase 33.24% than previous quarter

Overall: increasing (90.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.17 (USD).Trend:Decrease 52.78% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 111.76% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.57 (USD).Trend:Increase 58.33% than previous quarter

Overall: increasing (235.29%). Fluctuation: **Significant** (high variation).



The report analyzes Q1 2022 to Q3 2022.  Liabilities and Current Assets on Revenue decreased significantly with high volatility.  The Ratio of Retained Earnings to Revenue also decreased, showing moderate variation. The SG&A Expense Ratio decreased slightly with low variation.  Retained Earnings on Assets and Earnings Per Share increased significantly, with considerable quarter-to-quarter changes.