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 106.66 (%).Trend:Increase 239.36% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 54.4 (%).Trend:Decrease 49.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 42.02 (%).Trend:Decrease 22.76% than previous quarter

Overall: decreasing (-60.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 197.24 (%).Trend:Increase 199.35% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 104.0 (%).Trend:Decrease 47.27% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 75.23 (%).Trend:Decrease 27.66% than previous quarter

Overall: decreasing (-61.86%). 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 66.15 (%).Trend:Increase 162.19% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.88 (%).Trend:Decrease 50.29% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.53 (%).Trend:Decrease 31.48% than previous quarter

Overall: decreasing (-65.94%). 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 28.15 (%).Trend:Decrease 10.38% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 27.09 (%).Trend:Decrease 3.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 26.12 (%).Trend:Decrease 3.58% than previous quarter

Overall: decreasing (-7.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.5 (USD).Trend:Decrease 64.54% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.32 (USD).Trend:Increase 164.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.82 (USD).Trend:Increase 113.64% than previous quarter

Overall: increasing (464.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2022 to Q3 2022 shows a concerning trend of decreasing values for working capital efficiency (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue).  Significant fluctuations are evident in these metrics, suggesting instability. Conversely, investment efficiency, calculated by retained earnings on assets, shows a minor decrease. Earnings per share, however, saw a significant increase, with notable jumps in Q2 and Q3 2022. This divergent performance requires further investigation to understand the underlying causes of these trends.