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 128.32 (%).Trend:Increase 204.8% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 69.11 (%).Trend:Decrease 46.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 50.24 (%).Trend:Decrease 27.3% than previous quarter

Overall: decreasing (-60.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 184.94 (%).Trend:Increase 197.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 96.91 (%).Trend:Decrease 47.6% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 68.85 (%).Trend:Decrease 28.95% than previous quarter

Overall: decreasing (-62.77%). 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 -32.84 (%).Trend:Increase 131.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -13.9 (%).Trend:Decrease 57.67% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -7.92 (%).Trend:Decrease 43.02% than previous quarter

Overall: increasing (-75.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.17 (%).Trend:Decrease 6.49% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.29 (%).Trend:Increase 3.79% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.32 (%).Trend:Increase 0.91% than previous quarter

Overall: increasing (4.73%). 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 -12.86 (%).Trend:Decrease 20.32% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -10.45 (%).Trend:Decrease 18.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -8.36 (%).Trend:Decrease 20.0% than previous quarter

Overall: increasing (-34.99%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 44.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.11 (USD).Trend:Increase 164.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.6 (USD).Trend:Increase 44.14% than previous quarter

Overall: increasing (280.95%). Fluctuation: **Significant** (high variation).



The Q1-Q3 2022 financial statements highlight substantial volatility in key performance indicators (KPIs). Working capital efficiency shows decreasing liabilities and current assets on revenue, but with large fluctuations. Cost efficiency displays an increasing, yet volatile retained earnings-to-revenue ratio. Selling, general, and administrative (SG&A) expenses are increasing, but the increases are small. Investment efficiency reveals a consistent negative trend in retained earnings on assets. Earnings per share experienced a sharp decline in Q1, a considerable increase in Q2, and further growth in Q3, showing high fluctuation.