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 159.83 (%).Trend:Increase 99.96% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 85.27 (%).Trend:Decrease 46.65% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 55.85 (%).Trend:Decrease 34.5% than previous quarter

Overall: decreasing (-65.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 558.53 (%).Trend:Increase 276.47% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 295.04 (%).Trend:Decrease 47.18% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 201.84 (%).Trend:Decrease 31.59% than previous quarter

Overall: decreasing (-63.86%). 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 94.12 (%).Trend:Increase 304.3% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 61.54 (%).Trend:Decrease 34.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 51.43 (%).Trend:Decrease 16.43% than previous quarter

Overall: decreasing (-45.36%). 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 15.28 (%).Trend:Increase 13.19% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 18.7 (%).Trend:Increase 22.38% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 22.32 (%).Trend:Increase 19.36% than previous quarter

Overall: increasing (46.07%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.77 (USD).Trend:Decrease 23.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.85 (USD).Trend:Increase 140.26% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.99 (USD).Trend:Increase 61.62% than previous quarter

Overall: increasing (288.31%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2022 to Q3 2022 reveals contrasting trends. Liabilities on revenue and current assets on revenue decreased substantially (-65.06% and -63.86% respectively), both exhibiting significant fluctuations.  The ratio of retained earnings to revenue also decreased (-45.36%), showing high variability. However, retained earnings on assets increased moderately (46.07%), while earnings per share demonstrated a dramatic increase (288.31%) with significant volatility.