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 82.13 (%).Trend:Increase 159.41% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.26 (%).Trend:Decrease 50.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.24 (%).Trend:Decrease 39.79% than previous quarter

Overall: decreasing (-70.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 88.06 (%).Trend:Increase 209.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.82 (%).Trend:Decrease 46.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.5 (%).Trend:Decrease 30.59% than previous quarter

Overall: decreasing (-63.09%). 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 448.83 (%).Trend:Increase 126.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 204.98 (%).Trend:Decrease 54.33% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 138.74 (%).Trend:Decrease 32.32% than previous quarter

Overall: decreasing (-69.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.75 (%).Trend:Decrease 23.82% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.48 (%).Trend:Decrease 9.82% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.38 (%).Trend:Decrease 4.03% than previous quarter

Overall: decreasing (-13.45%). 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 111.0 (%).Trend:Decrease 3.42% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 110.91 (%).Trend:Decrease 0.08% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 114.51 (%).Trend:Increase 3.25% than previous quarter

Overall: increasing (3.16%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.28 (USD).Trend:Decrease 61.33% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.49 (USD).Trend:Increase 328.91% than previous quarter
Year 2022 Quarter 3: Earning Per Share 10.17 (USD).Trend:Increase 85.25% than previous quarter

Overall: increasing (694.53%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 to Q3 2022 details significant fluctuations in various financial metrics. Working capital efficiency (liabilities and current assets on revenue) is declining significantly.  Cost efficiency (ratio of retained earnings to revenue) also reveals substantial decrease.  SG&A expense ratios exhibit a moderate decrease. Investment efficiency shows a small overall increase. Earnings per share demonstrate highly variable performance, showing a significant rise overall but with major quarterly fluctuations.