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 92.93 (%).Trend:Increase 180.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.19 (%).Trend:Decrease 48.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 32.75 (%).Trend:Decrease 32.04% than previous quarter

Overall: decreasing (-64.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 141.59 (%).Trend:Increase 180.77% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 73.65 (%).Trend:Decrease 47.98% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.99 (%).Trend:Decrease 33.48% than previous quarter

Overall: decreasing (-65.4%). 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 136.3 (%).Trend:Increase 261.16% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 69.78 (%).Trend:Decrease 48.8% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 47.57 (%).Trend:Decrease 31.83% than previous quarter

Overall: decreasing (-65.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.71 (%).Trend:Increase 7.89% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.75 (%).Trend:Increase 0.16% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.81 (%).Trend:Increase 4.12% than previous quarter

Overall: increasing (4.28%). 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 29.44 (%).Trend:Increase 18.95% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 29.59 (%).Trend:Increase 0.51% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.37 (%).Trend:Decrease 0.74% than previous quarter

Overall: decreasing (-0.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 76.21% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 125.42% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.62 (USD).Trend:Increase 21.8% than previous quarter

Overall: increasing (174.58%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 to Q3 2022 reveals substantial fluctuations across key financial metrics. Working capital efficiency indicators (liabilities, current assets on revenue, retained earnings on revenue) all decreased significantly, showing high variability.  Conversely, SG&A expense showed only a small increase. Investment efficiency, measured by retained earnings on assets, was stable.  Earnings per share experienced a dramatic increase, highlighting significant volatility.