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 66.43 (%).Trend:Increase 171.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 36.57 (%).Trend:Decrease 44.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.88 (%).Trend:Decrease 40.17% than previous quarter

Overall: decreasing (-67.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 99.07 (%).Trend:Increase 178.52% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 52.52 (%).Trend:Decrease 46.99% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 30.88 (%).Trend:Decrease 41.2% than previous quarter

Overall: decreasing (-68.83%). 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 55.9 (%).Trend:Increase 389.92% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 34.82 (%).Trend:Decrease 37.71% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 27.77 (%).Trend:Decrease 20.25% than previous quarter

Overall: decreasing (-50.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.24 (%).Trend:Decrease 12.76% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.0 (%).Trend:Decrease 5.66% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.0 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-5.66%). 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 16.05 (%).Trend:Increase 87.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 20.38 (%).Trend:Increase 26.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 25.0 (%).Trend:Increase 22.67% than previous quarter

Overall: increasing (55.76%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.54 (USD).Trend:Decrease 59.1% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.37 (USD).Trend:Increase 111.42% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.62 (USD).Trend:Increase 41.9% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 show significant volatility in several key areas. Working capital efficiency demonstrates a decline in both liabilities and current assets on revenue. Cost efficiency, in terms of the retained earnings to revenue ratio, declined notably.  SG&A expense ratio shows a minor downward trend. Investment efficiency exhibits a steady increase in retained earnings on assets.  Earning per share shows a marked upward trend then a sharp drop.