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 44.71 (%).Trend:Increase 230.94% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 19.39 (%).Trend:Decrease 56.63% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 12.08 (%).Trend:Decrease 37.7% than previous quarter

Overall: decreasing (-72.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 122.83 (%).Trend:Increase 232.87% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 61.84 (%).Trend:Decrease 49.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 45.76 (%).Trend:Decrease 26.0% than previous quarter

Overall: decreasing (-62.75%). 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 158.66 (%).Trend:Increase 232.97% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 83.09 (%).Trend:Decrease 47.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 62.33 (%).Trend:Decrease 24.98% than previous quarter

Overall: decreasing (-60.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.7 (%).Trend:Decrease 4.08% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.46 (%).Trend:Decrease 5.11% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.72 (%).Trend:Increase 5.83% than previous quarter

Overall: increasing (0.43%). 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 82.35 (%).Trend:Increase 6.2% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 87.68 (%).Trend:Increase 6.47% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 91.72 (%).Trend:Increase 4.61% than previous quarter

Overall: increasing (11.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.82 (USD).Trend:Decrease 54.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.52 (USD).Trend:Increase 131.21% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 38.04% than previous quarter

Overall: increasing (219.15%). Fluctuation: **Significant** (high variation).



The financial statements show significant volatility in working capital efficiency. Liabilities on revenue decreased overall but with large quarter-to-quarter variations. Similarly, current assets on revenue decreased overall but with substantial fluctuations. Cost efficiency is also unstable, with the ratio of retained earnings to revenue decreasing significantly across the three quarters.  Selling, general, and administrative (SG&A) expense ratios, however, show a less volatile, albeit increasing, trend. Investment efficiency is characterized by a steady increase in retained earnings on assets.  Earnings per share show significant fluctuations, with substantial increases and decreases.