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 453.39 (%).Trend:Increase 788.83% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 87.31 (%).Trend:Decrease 80.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 56.81 (%).Trend:Decrease 34.93% than previous quarter

Overall: decreasing (-87.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 1079.88 (%).Trend:Increase 1390.93% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 282.31 (%).Trend:Decrease 73.86% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 181.99 (%).Trend:Decrease 35.54% than previous quarter

Overall: decreasing (-83.15%). 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 562.75 (%).Trend:Increase 819.38% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 251.68 (%).Trend:Decrease 55.28% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 169.11 (%).Trend:Decrease 32.81% than previous quarter

Overall: decreasing (-69.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.96 (%).Trend:Increase 34.32% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.46 (%).Trend:Increase 18.99% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.01 (%).Trend:Decrease 12.91% than previous quarter

Overall: increasing (3.63%). 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 33.04 (%).Trend:Increase 20.67% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 43.1 (%).Trend:Increase 30.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 44.56 (%).Trend:Increase 3.39% than previous quarter

Overall: increasing (34.87%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 42.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.36 (USD).Trend:Decrease 280.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.23 (USD).Trend:Decrease 36.11% than previous quarter

Overall: decreasing (-215.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2022 indicates significant volatility. Working capital efficiency, measured by liabilities and current assets on revenue, decreased considerably in the examined timeframe.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also experienced a significant decrease.  Selling, general, and administrative (SG&A) expenses show a slight overall increase. Investment efficiency demonstrates a more stable increasing trend in retained earnings on assets.  However, earnings per share experienced substantial negative change.