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 87.39 (%).Trend:Increase 179.29% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 42.54 (%).Trend:Decrease 51.32% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.62 (%).Trend:Decrease 39.77% than previous quarter

Overall: decreasing (-70.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 198.6 (%).Trend:Increase 207.29% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 97.77 (%).Trend:Decrease 50.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 63.4 (%).Trend:Decrease 35.15% than previous quarter

Overall: decreasing (-68.08%). 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 141.6 (%).Trend:Increase 195.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 70.4 (%).Trend:Decrease 50.28% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 50.18 (%).Trend:Decrease 28.72% than previous quarter

Overall: decreasing (-64.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.22 (%).Trend:Decrease 2.44% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.05 (%).Trend:Decrease 0.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.31 (%).Trend:Increase 0.96% than previous quarter

Overall: increasing (0.33%). 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 34.46 (%).Trend:Increase 0.5% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.02 (%).Trend:Increase 4.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 39.32 (%).Trend:Increase 9.16% than previous quarter

Overall: increasing (14.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.62 (USD).Trend:Decrease 56.45% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.7 (USD).Trend:Increase 128.4% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.46 (USD).Trend:Increase 47.57% than previous quarter

Overall: increasing (237.04%). Fluctuation: **Significant** (high variation).



Financial analysis of 2022 Q1-Q3 reveals substantial volatility across key metrics. Liabilities and current assets on revenue decreased sharply but with high quarter-to-quarter fluctuations. The ratio of retained earnings to revenue also experienced a significant decrease with high variation. Selling, General, and Administrative (SG&A) expense ratio had little fluctuation, rising slightly.  Investment efficiency, calculated as retained earnings on assets, showed a steady and slight increase. Finally, earnings per share showed significant variation with a substantial increase overall but with large quarter-to-quarter fluctuations.