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 71.03 (%).Trend:Increase 148.36% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.45 (%).Trend:Decrease 51.5% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.4 (%).Trend:Decrease 34.98% than previous quarter

Overall: decreasing (-68.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 125.19 (%).Trend:Increase 162.95% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 61.47 (%).Trend:Decrease 50.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.82 (%).Trend:Decrease 33.59% than previous quarter

Overall: decreasing (-67.39%). 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 12.41 (%).Trend:Increase 414.94% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 6.79 (%).Trend:Decrease 45.29% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 5.13 (%).Trend:Decrease 24.45% than previous quarter

Overall: decreasing (-58.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.33 (%).Trend:Decrease 5.5% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.83 (%).Trend:Decrease 1.76% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.53 (%).Trend:Increase 2.52% than previous quarter

Overall: increasing (0.71%). 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 7.63 (%).Trend:Increase 98.18% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.51 (%).Trend:Increase 11.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 9.72 (%).Trend:Increase 14.22% than previous quarter

Overall: increasing (27.39%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.54 (USD).Trend:Decrease 60.41% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.16 (USD).Trend:Increase 105.19% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.7 (USD).Trend:Increase 48.73% than previous quarter

Overall: increasing (205.19%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant fluctuations in working capital efficiency. Liabilities on revenue decreased sharply, then increased, and then decreased again, while current assets showed a similar volatile pattern.  Cost efficiency reveals a significant decline in the ratio of retained earnings to revenue, contrasting with a stable SG&A expense ratio.  Investment efficiency shows a steady, though slightly fluctuating, increase in retained earnings on assets. Earning per share demonstrates substantial variations, increasing then decreasing and increasing again.