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 86.66 (%).Trend:Increase 251.28% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 42.53 (%).Trend:Decrease 50.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.79 (%).Trend:Decrease 34.66% than previous quarter

Overall: decreasing (-67.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 228.88 (%).Trend:Increase 252.77% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 120.32 (%).Trend:Decrease 47.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 62.73 (%).Trend:Decrease 47.86% than previous quarter

Overall: decreasing (-72.59%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.52 (%).Trend:Increase 8.8% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.8 (%).Trend:Decrease 3.35% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.69 (%).Trend:Decrease 0.53% than previous quarter

Overall: decreasing (-3.86%). 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
Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 69.6% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 334.21% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.37 (USD).Trend:Increase 164.85% than previous quarter

Overall: increasing (1050.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 to Q3 2022 reveals a downward trend in working capital efficiency (liabilities and current assets on revenue), demonstrating significant quarter-to-quarter variation. Cost efficiency (SG&A expense ratio) displays a slight decrease. However, investment efficiency (earnings per share) shows a considerable increase overall, with substantial quarter-to-quarter changes.