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 59.53 (%).Trend:Increase 170.1% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 30.49 (%).Trend:Decrease 48.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.58 (%).Trend:Decrease 29.22% than previous quarter

Overall: decreasing (-63.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 92.15 (%).Trend:Increase 186.54% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 48.46 (%).Trend:Decrease 47.41% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.79 (%).Trend:Decrease 32.34% than previous quarter

Overall: decreasing (-64.42%). 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 185.6 (%).Trend:Increase 190.54% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 90.76 (%).Trend:Decrease 51.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.48 (%).Trend:Decrease 32.26% than previous quarter

Overall: decreasing (-66.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.47 (%).Trend:Decrease 12.73% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.96 (%).Trend:Decrease 6.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.61 (%).Trend:Decrease 5.03% than previous quarter

Overall: decreasing (-11.51%). 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 38.33 (%).Trend:Increase 3.62% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 34.11 (%).Trend:Decrease 11.01% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 33.25 (%).Trend:Decrease 2.52% than previous quarter

Overall: decreasing (-13.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.17 (USD).Trend:Decrease 61.51% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.41 (USD).Trend:Increase 105.98% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.6 (USD).Trend:Increase 49.38% than previous quarter

Overall: increasing (207.69%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 to Q3 2022 demonstrates considerable volatility. Liabilities and current assets on revenue are decreasing significantly, highlighting potential operational or market changes. Cost efficiency metrics, notably the ratio of retained earnings to revenue, also show a substantial decline. Investment efficiency and earnings per share present mixed trends, with considerable fluctuations across the quarters, showing a need for a deep dive into specific operational components.