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 50.6 (%).Trend:Increase 188.98% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 25.7 (%).Trend:Decrease 49.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.62 (%).Trend:Decrease 35.33% than previous quarter

Overall: decreasing (-67.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 228.66 (%).Trend:Increase 190.81% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 110.9 (%).Trend:Decrease 51.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.01 (%).Trend:Decrease 35.07% than previous quarter

Overall: decreasing (-68.51%). 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 376.47 (%).Trend:Increase 188.13% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 188.47 (%).Trend:Decrease 49.94% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 123.82 (%).Trend:Decrease 34.3% than previous quarter

Overall: decreasing (-67.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.47 (%).Trend:Increase 4.73% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.28 (%).Trend:Increase 3.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.43 (%).Trend:Increase 0.67% than previous quarter

Overall: increasing (4.47%). 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 76.34 (%).Trend:Increase 0.29% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 76.0 (%).Trend:Decrease 0.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 76.24 (%).Trend:Increase 0.32% than previous quarter

Overall: decreasing (-0.13%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of the 2022 Q1-Q3 financial statements indicates considerable volatility in working capital and cost efficiency.  Liabilities and current assets show a significant decrease in Q2 and Q3, followed by a significant increase in Q1.  The ratio of retained earnings to revenue also experienced large changes, reflecting instability. However, the selling, general, and administrative (SG&A) expense ratio exhibited a relatively stable and minor increasing trend. Investment efficiency, measured by retained earnings on assets, shows a slight decrease overall, indicating only minor fluctuations. This significant variability in key metrics suggests instability requiring further review.