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 127.56 (%).Trend:Increase 238.89% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.11 (%).Trend:Decrease 61.5% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.18 (%).Trend:Decrease 38.55% than previous quarter

Overall: decreasing (-76.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 200.64 (%).Trend:Increase 304.68% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 89.92 (%).Trend:Decrease 55.18% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 58.63 (%).Trend:Decrease 34.8% than previous quarter

Overall: decreasing (-70.78%). 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 101.44 (%).Trend:Increase 223.16% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 59.0 (%).Trend:Decrease 41.84% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 41.29 (%).Trend:Decrease 30.02% than previous quarter

Overall: decreasing (-59.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 43.2 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.93 (%).Trend:Decrease 0.63% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.03 (%).Trend:Increase 2.56% than previous quarter

Overall: increasing (1.92%). 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 28.19 (%).Trend:Increase 4.76% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 35.16 (%).Trend:Increase 24.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 37.39 (%).Trend:Increase 6.34% than previous quarter

Overall: increasing (32.64%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.57 (USD).Trend:Decrease 56.82% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.47 (USD).Trend:Increase 859.65% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.34 (USD).Trend:Increase 15.9% than previous quarter

Overall: increasing (1012.28%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 highlight significant fluctuations in key metrics.  Working capital efficiency (liabilities and current assets on revenue) significantly decreased. Cost efficiency (retained earnings-to-revenue ratio) also declined substantially. Investment efficiency maintained a stable upward trend, while earnings per share (EPS) experienced dramatic increases and decreases. The selling, general, and administrative expense ratio had minimal changes.