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 69.84 (%).Trend:Increase 245.06% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.03 (%).Trend:Decrease 51.27% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.29 (%).Trend:Decrease 40.38% than previous quarter

Overall: decreasing (-70.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 98.5 (%).Trend:Increase 225.19% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 48.43 (%).Trend:Decrease 50.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 30.47 (%).Trend:Decrease 37.08% than previous quarter

Overall: decreasing (-69.07%). 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 103.11 (%).Trend:Increase 171.13% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 50.49 (%).Trend:Decrease 51.03% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 33.31 (%).Trend:Decrease 34.03% than previous quarter

Overall: decreasing (-67.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.38 (%).Trend:Decrease 7.4% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.06 (%).Trend:Decrease 3.41% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.9 (%).Trend:Decrease 1.77% than previous quarter

Overall: decreasing (-5.12%). 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 46.73 (%).Trend:Decrease 5.88% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 46.69 (%).Trend:Decrease 0.09% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 47.86 (%).Trend:Increase 2.51% than previous quarter

Overall: increasing (2.42%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.46 (USD).Trend:Decrease 8.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 54.35% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 22.54% than previous quarter

Overall: increasing (89.13%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2022 reveal a mixed picture. Working capital efficiency, with liabilities and current assets on revenue, displays substantial declines, yet fluctuating significantly.  Cost efficiency, indicated by the ratio of retained earnings to revenue and SG&A expense, demonstrates substantial declines, though highly variable. Investment efficiency, as measured by retained earnings on assets, shows a slight increase, but with only minor fluctuations.  Earnings per share, however, displays a marked upward trend with significant quarterly variations.