Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 45.15 (%).Trend:Increase 196.45% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 24.48 (%).Trend:Decrease 45.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.06 (%).Trend:Increase 22.79% than previous quarter

Overall: decreasing (-33.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 189.58 (%).Trend:Increase 59.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 97.52 (%).Trend:Decrease 48.56% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 71.3 (%).Trend:Decrease 26.89% than previous quarter

Overall: decreasing (-62.39%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 363.69 (%).Trend:Increase 178.95% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 200.56 (%).Trend:Decrease 44.85% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 144.29 (%).Trend:Decrease 28.06% than previous quarter

Overall: decreasing (-60.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.43 (%).Trend:Decrease 7.02% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.8 (%).Trend:Increase 6.81% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.94 (%).Trend:Increase 2.41% than previous quarter

Overall: increasing (9.39%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets 63.74 (%).Trend:Decrease 3.64% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 67.06 (%).Trend:Increase 5.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 67.69 (%).Trend:Increase 0.94% than previous quarter

Overall: increasing (6.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.42 (USD).Trend:Decrease 65.92% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.29 (USD).Trend:Increase 77.27% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.96 (USD).Trend:Increase 38.93% than previous quarter

Overall: increasing (146.28%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2021 to Q3 2022 show significant fluctuations across various metrics.  Working capital efficiency is declining, with liabilities on revenue decreasing overall but with large quarter-to-quarter variation and current assets on revenue also decreasing significantly.  Cost efficiency, measured by the ratio of retained earnings to revenue, is decreasing substantially.  The selling, general, and administrative (SG&A) expense ratio is slightly increasing. Investment efficiency, as measured by retained earnings on assets, is increasing slightly with little fluctuation.  Earnings per share are increasing significantly, but with considerable volatility.