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 103.22 (%).Trend:Increase 204.39% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.21 (%).Trend:Decrease 52.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.48 (%).Trend:Decrease 38.06% than previous quarter

Overall: decreasing (-70.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 203.33 (%).Trend:Increase 214.65% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 96.8 (%).Trend:Decrease 52.39% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 65.15 (%).Trend:Decrease 32.7% than previous quarter

Overall: decreasing (-67.96%). 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 161.29 (%).Trend:Increase 222.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 79.57 (%).Trend:Decrease 50.67% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 54.81 (%).Trend:Decrease 31.12% than previous quarter

Overall: decreasing (-66.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.68 (%).Trend:Increase 3.89% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.92 (%).Trend:Decrease 2.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Decrease 2.01% than previous quarter

Overall: decreasing (-4.51%). 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 39.64 (%).Trend:Increase 3.82% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 41.78 (%).Trend:Increase 5.4% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.69 (%).Trend:Increase 4.57% than previous quarter

Overall: increasing (10.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.56 (USD).Trend:Decrease 81.82% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 160.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.3 (USD).Trend:Increase 57.53% than previous quarter

Overall: increasing (310.71%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2022 to Q3 2022 reveals a period of significant financial instability.  Liabilities and current assets on revenue, along with the ratio of retained earnings to revenue, show substantial decreases, indicating potential challenges. Earnings per share (EPS) exhibited a large drop in Q1 2022 before experiencing considerable growth in subsequent quarters.  The SG&A expense ratio displays a slight downward trend, while retained earnings on assets demonstrate a gradual increase.  The analysis necessitates further investigation to identify the causes of the fluctuations.