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 70.47 (%).Trend:Increase 129.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 38.61 (%).Trend:Decrease 45.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.79 (%).Trend:Decrease 25.43% than previous quarter

Overall: decreasing (-59.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 168.79 (%).Trend:Increase 179.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 87.36 (%).Trend:Decrease 48.24% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 61.81 (%).Trend:Decrease 29.25% than previous quarter

Overall: decreasing (-63.38%). 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 242.77 (%).Trend:Increase 207.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 122.11 (%).Trend:Decrease 49.7% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 82.88 (%).Trend:Decrease 32.13% than previous quarter

Overall: decreasing (-65.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.59 (%).Trend:Increase 8.37% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.43 (%).Trend:Increase 4.08% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.12 (%).Trend:Decrease 1.45% than previous quarter

Overall: increasing (2.57%). 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 59.56 (%).Trend:Increase 7.9% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 60.12 (%).Trend:Increase 0.94% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 60.62 (%).Trend:Increase 0.83% than previous quarter

Overall: increasing (1.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.76 (USD).Trend:Decrease 70.07% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.29 (USD).Trend:Increase 86.93% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.57 (USD).Trend:Increase 69.3% than previous quarter

Overall: increasing (216.48%). Fluctuation: **Significant** (high variation).



The financial statements for Q1-Q3 2022 highlight significant volatility in several key areas. Working capital efficiency, measured by liabilities and current assets on revenue, declined substantially but with large quarter-to-quarter shifts.  Cost efficiency, specifically the ratio of retained earnings to revenue, decreased dramatically and exhibited sizable fluctuations.  Selling, General, and Administrative (SG&A) expenses showed a moderate increase with little quarterly variation. Investment efficiency, based on retained earnings on assets, demonstrated a consistent upward trend.  Earnings per share increased markedly but showed substantial quarter-to-quarter changes.