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 76.51 (%).Trend:Increase 146.81% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 41.4 (%).Trend:Decrease 45.89% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.62 (%).Trend:Decrease 33.29% than previous quarter

Overall: decreasing (-63.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 50.46 (%).Trend:Increase 214.59% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 22.67 (%).Trend:Decrease 55.07% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 15.02 (%).Trend:Decrease 33.75% than previous quarter

Overall: decreasing (-70.23%). 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 -91.74 (%).Trend:Increase 66.68% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -32.82 (%).Trend:Decrease 64.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -16.24 (%).Trend:Decrease 50.52% than previous quarter

Overall: increasing (-82.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -23.56 (%).Trend:Decrease 39.43% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -18.22 (%).Trend:Decrease 22.67% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -10.95 (%).Trend:Decrease 39.9% than previous quarter

Overall: increasing (-53.52%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.35 (USD).Trend:Decrease 33.96% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 102.86% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.01 (USD).Trend:Increase 42.25% than previous quarter

Overall: increasing (188.57%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 shows high volatility in various financial metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, experienced significant decreases. Cost efficiency, as reflected in the ratio of retained earnings to revenue, displayed an overall upward but volatile trend. Investment efficiency, measured by retained earnings on assets, also shows a substantial downward trend.  Earnings per share show a pattern of fluctuating increases throughout the period.