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 49.07 (%).Trend:Increase 112.79% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.79 (%).Trend:Decrease 41.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.36 (%).Trend:Decrease 29.28% than previous quarter

Overall: decreasing (-58.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 427.0 (%).Trend:Increase 104.55% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 244.29 (%).Trend:Decrease 42.79% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 167.13 (%).Trend:Decrease 31.59% than previous quarter

Overall: decreasing (-60.86%). 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 138.26 (%).Trend:Increase 205.41% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 80.7 (%).Trend:Decrease 41.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 56.94 (%).Trend:Decrease 29.44% than previous quarter

Overall: decreasing (-58.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 21.25 (%).Trend:Increase 39.34% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.27 (%).Trend:Increase 4.8% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 23.7 (%).Trend:Increase 6.42% than previous quarter

Overall: increasing (11.53%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 12.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 28.57% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.18 (USD).Trend:Increase 80.0% than previous quarter

Overall: increasing (28.57%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 reveal a mixed financial performance. Working capital efficiency, measured by liabilities and current assets on revenue, declined sharply.  Cost efficiency, as gauged by retained earnings to revenue, shows a considerable decrease. In contrast, investment efficiency exhibited a sustained, mild increase. Earnings per share also displayed an overall positive trend with considerable variance.