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 96.21 (%).Trend:Increase 129.67% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.54 (%).Trend:Decrease 48.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 33.32 (%).Trend:Decrease 32.74% than previous quarter

Overall: decreasing (-65.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 125.21 (%).Trend:Increase 141.11% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.72 (%).Trend:Decrease 46.71% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 37.8 (%).Trend:Decrease 43.35% than previous quarter

Overall: decreasing (-69.81%). 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 131.66 (%).Trend:Increase 343.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 67.85 (%).Trend:Decrease 48.47% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 51.51 (%).Trend:Decrease 24.08% than previous quarter

Overall: decreasing (-60.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.47 (%).Trend:Increase 2.73% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.69 (%).Trend:Decrease 2.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.86 (%).Trend:Increase 3.94% than previous quarter

Overall: increasing (1.28%). 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 31.87 (%).Trend:Increase 40.4% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 35.0 (%).Trend:Increase 9.82% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 40.31 (%).Trend:Increase 15.17% than previous quarter

Overall: increasing (26.48%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 77.59% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.25 (USD).Trend:Increase 181.25% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.93 (USD).Trend:Increase 30.22% than previous quarter

Overall: increasing (266.25%). Fluctuation: **Significant** (high variation).



The analysis covers Q1-Q3 2022.  Working capital efficiency metrics (liabilities on revenue and current assets on revenue) show significant decreases (-65.37% and -69.81% respectively) with high fluctuation.  Cost efficiency (ratio of retained earnings to revenue) also decreased significantly (-60.88%), while SG&A expense ratio had little fluctuation. Investment efficiency (retained earnings on assets) increased (26.48%) with moderate fluctuation.  Earnings per share increased significantly (266.25%) with high fluctuation.