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 150.2 (%).Trend:Increase 202.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 72.73 (%).Trend:Decrease 51.58% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 48.6 (%).Trend:Decrease 33.18% than previous quarter

Overall: decreasing (-67.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 273.88 (%).Trend:Increase 196.63% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 134.42 (%).Trend:Decrease 50.92% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 92.09 (%).Trend:Decrease 31.49% than previous quarter

Overall: decreasing (-66.38%). 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 474.79 (%).Trend:Increase 197.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 223.84 (%).Trend:Decrease 52.85% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 145.76 (%).Trend:Decrease 34.88% than previous quarter

Overall: decreasing (-69.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.35 (%).Trend:Increase 9.56% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.77 (%).Trend:Decrease 6.0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.64 (%).Trend:Decrease 4.56% than previous quarter

Overall: decreasing (-10.28%). 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 52.39 (%).Trend:Decrease 9.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 52.59 (%).Trend:Increase 0.38% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 53.01 (%).Trend:Increase 0.8% than previous quarter

Overall: increasing (1.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 73.49% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Increase 145.45% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.98 (USD).Trend:Increase 83.33% than previous quarter

Overall: increasing (350.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2022 reveals significant volatility.  Liabilities and current assets on revenue decreased substantially, indicating potential working capital challenges.  The ratio of retained earnings to revenue also declined sharply. While SG&A expenses decreased, earnings per share showed a strong upward trend, suggesting improved profitability despite working capital concerns.  Retained earnings on assets demonstrated modest growth.