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 110.33 (%).Trend:Increase 189.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.29 (%).Trend:Decrease 56.23% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.44 (%).Trend:Decrease 34.89% than previous quarter

Overall: decreasing (-71.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 187.12 (%).Trend:Increase 159.74% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 102.64 (%).Trend:Decrease 45.15% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 65.8 (%).Trend:Decrease 35.89% than previous quarter

Overall: decreasing (-64.84%). 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 182.05 (%).Trend:Increase 164.99% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 91.07 (%).Trend:Decrease 49.98% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 64.39 (%).Trend:Decrease 29.3% than previous quarter

Overall: decreasing (-64.63%). 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 40.14 (%).Trend:Decrease 10.28% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 40.39 (%).Trend:Increase 0.62% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.15 (%).Trend:Increase 6.83% than previous quarter

Overall: increasing (7.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.61 (USD).Trend:Decrease 74.92% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.85 (USD).Trend:Increase 139.13% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.69 (USD).Trend:Increase 21.82% than previous quarter

Overall: increasing (191.3%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2022 to Q3 2022 shows a mixed performance across key metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, declines significantly.  Cost efficiency, reflected in the ratio of retained earnings to revenue, is also declining.  Investment efficiency shows a relatively stable increase in retained earnings on assets. However, earnings per share exhibits significant volatility.