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 58.39 (%).Trend:Increase 176.08% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 27.85 (%).Trend:Decrease 52.3% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.55 (%).Trend:Decrease 29.8% than previous quarter

Overall: decreasing (-66.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 89.45 (%).Trend:Increase 196.29% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 45.08 (%).Trend:Decrease 49.6% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 30.23 (%).Trend:Decrease 32.94% than previous quarter

Overall: decreasing (-66.2%). 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 30.28 (%).Trend:Increase 236.44% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 18.55 (%).Trend:Decrease 38.74% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 14.28 (%).Trend:Decrease 23.02% than previous quarter

Overall: decreasing (-52.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.3 (%).Trend:Decrease 58.65% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.42 (%).Trend:Increase 3.64% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.46 (%).Trend:Increase 1.17% than previous quarter

Overall: increasing (4.85%). 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 13.78 (%).Trend:Increase 25.84% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 17.66 (%).Trend:Increase 28.16% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 20.98 (%).Trend:Increase 18.8% than previous quarter

Overall: increasing (52.25%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 5850.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.65 (USD).Trend:Increase 130.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 13.21% than previous quarter

Overall: increasing (160.87%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 show a complex financial picture.  Liabilities and current assets on revenue both experience significant declines, with substantial quarter-to-quarter volatility. Cost efficiency, measured by the retained earnings to revenue ratio, also shows a negative overall trend, despite considerable quarterly shifts. The SG&A expense ratio exhibits an overall positive trend with little quarter-to-quarter volatility. Investment efficiency, as measured by retained earnings on assets, indicates overall increases, with moderate quarter-to-quarter fluctuations.  Earnings per share demonstrate a positive overall trend, but with significant volatility.