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 43.26 (%).Trend:Increase 130.11% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 23.9 (%).Trend:Decrease 44.75% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.04 (%).Trend:Decrease 28.7% than previous quarter

Overall: decreasing (-60.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 202.46 (%).Trend:Increase 164.58% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 108.28 (%).Trend:Decrease 46.52% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 74.51 (%).Trend:Decrease 31.19% than previous quarter

Overall: decreasing (-63.2%). 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 194.13 (%).Trend:Increase 183.4% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 103.0 (%).Trend:Decrease 46.94% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 71.54 (%).Trend:Decrease 30.54% than previous quarter

Overall: decreasing (-63.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.33 (%).Trend:Decrease 41.21% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.75 (%).Trend:Increase 5.04% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.8 (%).Trend:Increase 0.57% than previous quarter

Overall: increasing (5.64%). 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 35.2 (%).Trend:Increase 13.7% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 36.32 (%).Trend:Increase 3.18% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 37.37 (%).Trend:Increase 2.89% than previous quarter

Overall: increasing (6.16%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.69 (USD).Trend:Decrease 41.92% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.84 (USD).Trend:Increase 68.05% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.91 (USD).Trend:Increase 37.68% than previous quarter

Overall: increasing (131.36%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2022 show mixed financial trends with significant volatility. Liabilities and current assets on revenue are decreasing sharply, indicating potential issues with liquidity or asset management. The ratio of retained earnings to revenue also declines substantially. However, the SG&A expense ratio demonstrates a stable upward trend. Meanwhile, investment efficiency (retained earnings on assets) is steadily increasing, offering some positive outlook. Earnings per share also show a strong overall increase but with considerable fluctuations, potentially demanding further analysis.