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 51.99 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 29.38 (%).Trend:Decrease 43.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.41 (%).Trend:Decrease 30.53% than previous quarter

Overall: decreasing (-60.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 210.98 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 112.0 (%).Trend:Decrease 46.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.56 (%).Trend:Decrease 35.21% than previous quarter

Overall: decreasing (-65.61%). 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 434.32 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 217.39 (%).Trend:Decrease 49.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 138.59 (%).Trend:Decrease 36.25% than previous quarter

Overall: decreasing (-68.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.44 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.46 (%).Trend:Increase 6.04% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.78 (%).Trend:Decrease 4.74% than previous quarter

Overall: increasing (1.02%). 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 49.31 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 49.71 (%).Trend:Increase 0.81% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 49.25 (%).Trend:Decrease 0.93% than previous quarter

Overall: decreasing (-0.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.78 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.82 (USD).Trend:Increase 114.61% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.36 (USD).Trend:Increase 40.31% than previous quarter

Overall: increasing (201.12%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 to Q3 2022 reveals significant decreases in working capital efficiency metrics (liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue), ranging from -60.74% to -68.09%.  The SG&A expense ratio exhibited minimal change (1.02% increase).  Investment efficiency (retained earnings on assets) remained relatively stable (-0.12% decrease).  However, earnings per share demonstrated substantial growth (201.12% increase).