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 92.2 (%).Trend:Increase 213.07% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.95 (%).Trend:Decrease 51.25% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.81 (%).Trend:Decrease 33.68% than previous quarter

Overall: decreasing (-67.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 101.99 (%).Trend:Increase 169.17% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 47.87 (%).Trend:Decrease 53.06% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.12 (%).Trend:Decrease 30.81% than previous quarter

Overall: decreasing (-67.53%). 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 41.76 (%).Trend:Increase 148.87% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 18.62 (%).Trend:Decrease 55.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 14.1 (%).Trend:Decrease 24.27% than previous quarter

Overall: decreasing (-66.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.71 (%).Trend:Decrease 2.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.52 (%).Trend:Decrease 0.71% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.35 (%).Trend:Decrease 0.64% than previous quarter

Overall: decreasing (-1.35%). 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 18.76 (%).Trend:Decrease 12.87% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 17.37 (%).Trend:Decrease 7.41% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 19.09 (%).Trend:Increase 9.9% than previous quarter

Overall: increasing (1.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 3.59 (USD).Trend:Decrease 62.84% than previous quarter
Year 2022 Quarter 2: Earning Per Share 7.5 (USD).Trend:Increase 108.91% than previous quarter
Year 2022 Quarter 3: Earning Per Share 11.27 (USD).Trend:Increase 50.27% than previous quarter

Overall: increasing (213.93%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2022 to Q3 2022 shows significant decreases in liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue, while SG&A expense ratio shows a small decrease.  Retained earning on assets shows a slight increase and earnings per share shows a significant increase.  Significant fluctuations were observed in many metrics.