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 105.65 (%).Trend:Increase 224.38% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 51.42 (%).Trend:Decrease 51.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.97 (%).Trend:Decrease 31.99% than previous quarter

Overall: decreasing (-66.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 161.05 (%).Trend:Increase 198.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 78.03 (%).Trend:Decrease 51.55% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.02 (%).Trend:Decrease 33.33% than previous quarter

Overall: decreasing (-67.7%). 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 26.77 (%).Trend:Increase 175.7% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 12.95 (%).Trend:Decrease 51.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 6.46 (%).Trend:Decrease 50.12% than previous quarter

Overall: decreasing (-75.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.24 (%).Trend:Increase 0.38% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.13 (%).Trend:Decrease 2.1% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.92 (%).Trend:Decrease 4.09% than previous quarter

Overall: decreasing (-6.11%). 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 8.25 (%).Trend:Decrease 3.51% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.28 (%).Trend:Increase 0.36% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 6.41 (%).Trend:Decrease 22.58% than previous quarter

Overall: decreasing (-22.3%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data from Q1 2022 to Q3 2022 shows substantial declines in working capital efficiency. Liabilities on revenue decreased significantly (-66.9%) with large quarter-to-quarter variations. Current assets on revenue also decreased substantially (-67.7%), exhibiting similar volatility. Cost efficiency (ratio of retained earnings to revenue) also decreased significantly (-75.87%) with large quarter-to-quarter variations.  Selling, general, and administrative (SG&A) expenses are decreasing (-6.11%), with minimal variation. Investment efficiency (retained earnings on assets) is decreasing (-22.3%) with moderate variation.