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 116.47 (%).Trend:Increase 198.87% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 57.37 (%).Trend:Decrease 50.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 40.86 (%).Trend:Decrease 28.78% than previous quarter

Overall: decreasing (-64.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 112.02 (%).Trend:Increase 259.96% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 53.21 (%).Trend:Decrease 52.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.79 (%).Trend:Decrease 36.5% than previous quarter

Overall: decreasing (-69.84%). 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 239.26 (%).Trend:Increase 231.98% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 113.32 (%).Trend:Decrease 52.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 75.83 (%).Trend:Decrease 33.08% than previous quarter

Overall: decreasing (-68.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.69 (%).Trend:Increase 2.01% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.48 (%).Trend:Decrease 1.8% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.52 (%).Trend:Increase 0.35% than previous quarter

Overall: decreasing (-1.45%). 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 28.16 (%).Trend:Increase 2.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 28.65 (%).Trend:Increase 1.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.07 (%).Trend:Increase 1.47% than previous quarter

Overall: increasing (3.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 75.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.06 (USD).Trend:Increase 116.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.52 (USD).Trend:Increase 43.4% than previous quarter

Overall: increasing (210.2%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both decreased significantly in the first two quarters, then showed substantial increases in Q3.  Cost efficiency, measured by retained earnings to revenue, also saw dramatic fluctuations, decreasing considerably overall.  However, SG&A expense ratio saw a much smaller, more stable decrease. Investment efficiency (retained earnings on assets) displayed minor fluctuation, consistently increasing. Earnings per share saw a notable overall increase, but experienced substantial variation quarter to quarter.