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 38.84 (%).Trend:Increase 197.62% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 18.14 (%).Trend:Decrease 53.3% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 12.41 (%).Trend:Decrease 31.59% than previous quarter

Overall: decreasing (-68.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 51.94 (%).Trend:Increase 168.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 24.79 (%).Trend:Decrease 52.27% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 16.83 (%).Trend:Decrease 32.11% than previous quarter

Overall: decreasing (-67.6%). 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 9.82 (%).Trend:Increase 196.68% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 4.97 (%).Trend:Decrease 49.39% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 3.63 (%).Trend:Decrease 26.96% than previous quarter

Overall: decreasing (-63.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.89 (%).Trend:Increase 4.42% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.4 (%).Trend:Decrease 3.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.25 (%).Trend:Decrease 1.04% than previous quarter

Overall: decreasing (-4.3%). 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 5.91 (%).Trend:Increase 7.26% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 6.35 (%).Trend:Increase 7.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.0 (%).Trend:Increase 10.24% than previous quarter

Overall: increasing (18.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 125.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.2 (USD).Trend:Decrease 385.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.65 (USD).Trend:Increase 225.0% than previous quarter

Overall: increasing (-1028.57%). Fluctuation: **Significant** (high variation).



Q1 to Q3 2022 financial analysis reveals substantial fluctuations across various metrics.  Working capital, cost, and earnings ratios show significant decreases, characterized by considerable volatility.  In contrast, the selling, general, and administrative (SG&A) expense ratio shows a slight, consistent downward trend.  Investment efficiency, with retained earnings on assets, demonstrates a favorable, steady increasing trend. The earnings per share shows a complex pattern with extremely variable trends.