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 119.06 (%).Trend:Increase 212.08% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 57.64 (%).Trend:Decrease 51.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 42.7 (%).Trend:Decrease 25.92% than previous quarter

Overall: decreasing (-64.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 123.57 (%).Trend:Increase 205.04% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 53.42 (%).Trend:Decrease 56.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 36.92 (%).Trend:Decrease 30.89% than previous quarter

Overall: decreasing (-70.12%). 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 11.65 (%).Trend:Increase 256.27% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 5.75 (%).Trend:Decrease 50.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 1.74 (%).Trend:Decrease 69.74% than previous quarter

Overall: decreasing (-85.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.2 (%).Trend:Decrease 10.19% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.71 (%).Trend:Increase 9.81% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.13 (%).Trend:Increase 7.36% than previous quarter

Overall: increasing (17.88%). 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 3.79 (%).Trend:Increase 35.36% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 3.63 (%).Trend:Decrease 4.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.57 (%).Trend:Decrease 56.75% than previous quarter

Overall: decreasing (-58.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.11 (USD).Trend:Decrease 52.26% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.65 (USD).Trend:Increase 72.99% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.86 (USD).Trend:Increase 33.15% than previous quarter

Overall: increasing (130.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency displays significant fluctuations in liabilities and current assets on revenue.  Liabilities on revenue decreased substantially from Q1 to Q3 2022, but increased sharply in Q1 2023.  Current assets on revenue followed a similar trend, decreasing then rising sharply in the final quarter. Cost efficiency reveals a considerable decline in the ratio of retained earnings to revenue. SG&A expense ratio displays a slight upward trend. Invest efficiency shows a significant negative trend in retained earnings on assets. Earning per share demonstrates significant increases and decreases across the observed quarters.