Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 83.47 (%).Trend:Increase 182.09% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 39.25 (%).Trend:Decrease 52.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.02 (%).Trend:Decrease 31.16% than previous quarter

Overall: decreasing (-67.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 187.66 (%).Trend:Increase 194.97% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 87.73 (%).Trend:Decrease 53.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 57.57 (%).Trend:Decrease 34.38% than previous quarter

Overall: decreasing (-69.32%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 249.27 (%).Trend:Increase 166.06% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 118.57 (%).Trend:Decrease 52.43% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 79.96 (%).Trend:Decrease 32.56% than previous quarter

Overall: decreasing (-67.92%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.74 (%).Trend:Decrease 6.14% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.51 (%).Trend:Decrease 1.46% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.67 (%).Trend:Increase 1.03% than previous quarter

Overall: decreasing (-0.44%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 68.26 (%).Trend:Decrease 2.08% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 68.28 (%).Trend:Increase 0.03% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 70.95 (%).Trend:Increase 3.91% than previous quarter

Overall: increasing (3.94%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.93 (USD).Trend:Decrease 63.24% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.5 (USD).Trend:Increase 121.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.88 (USD).Trend:Increase 52.0% than previous quarter

Overall: increasing (237.2%). Fluctuation: **Significant** (high variation).



The financial statements show significant fluctuations in working capital efficiency, especially for liabilities and current assets on revenue, with dramatic increases in Q1 2021, followed by substantial decreases.  Cost efficiency shows substantial negative trends across retained earnings to revenue. The SG&A expense ratio exhibits minor consistent decreases. Invest efficiency displays a minor positive trend in retained earnings with little fluctuation. Earning per share reveals a notable upward trend, with strong increases and decreases from Q1 2021.