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 67.59 (%).Trend:Increase 202.28% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.25 (%).Trend:Decrease 53.77% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.78 (%).Trend:Decrease 36.7% than previous quarter

Overall: decreasing (-70.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 72.77 (%).Trend:Increase 234.57% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 44.74 (%).Trend:Decrease 38.52% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 27.4 (%).Trend:Decrease 38.76% than previous quarter

Overall: decreasing (-62.35%). 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 172.54 (%).Trend:Increase 187.28% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 85.27 (%).Trend:Decrease 50.58% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 57.21 (%).Trend:Decrease 32.91% than previous quarter

Overall: decreasing (-66.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.77 (%).Trend:Decrease 10.6% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.19 (%).Trend:Decrease 6.61% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.3 (%).Trend:Increase 1.34% than previous quarter

Overall: decreasing (-5.36%). 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 29.75 (%).Trend:Decrease 14.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 29.16 (%).Trend:Decrease 1.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.47 (%).Trend:Increase 1.06% than previous quarter

Overall: decreasing (-0.94%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 60.36% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.55 (USD).Trend:Increase 131.34% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.27 (USD).Trend:Increase 46.45% than previous quarter

Overall: increasing (238.81%). Fluctuation: **Significant** (high variation).



This analysis covers three quarters (Q1 2022-Q3 2022), focusing on key financial ratios. Liabilities and current assets relative to revenue decreased significantly with high volatility.  Retained earnings on revenue also decreased considerably, while SG&A expenses showed a slight overall decrease. Retained earnings on assets decreased slightly while earnings per share showed a significant increase.