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 77.62 (%).Trend:Increase 289.46% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.32 (%).Trend:Decrease 54.5% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.62 (%).Trend:Decrease 44.45% than previous quarter

Overall: decreasing (-74.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 231.59 (%).Trend:Increase 252.98% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 100.5 (%).Trend:Decrease 56.6% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 62.07 (%).Trend:Decrease 38.24% than previous quarter

Overall: decreasing (-73.2%). 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 98.28 (%).Trend:Increase 278.73% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 44.11 (%).Trend:Decrease 55.12% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 29.32 (%).Trend:Decrease 33.53% than previous quarter

Overall: decreasing (-70.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.0 (%).Trend:Increase 29.94% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.78 (%).Trend:Decrease 16.23% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.73 (%).Trend:Decrease 4.82% than previous quarter

Overall: decreasing (-20.27%). Fluctuation: **Neutral** (moderate 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 20.85 (%).Trend:Decrease 2.16% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 21.28 (%).Trend:Increase 2.06% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 23.05 (%).Trend:Increase 8.32% than previous quarter

Overall: increasing (10.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.17 (USD).Trend:Decrease 94.08% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.47 (USD).Trend:Increase 764.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.89 (USD).Trend:Increase 96.6% than previous quarter

Overall: increasing (1600.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2022 to Q3 2022 reveals significant volatility across key financial metrics. Liabilities and current assets on revenue decreased substantially, yet with considerable swings between quarters.  Retained earnings-to-revenue ratios also declined significantly, but the SG&A expense ratio showed a less drastic, more moderate decrease. Investment efficiency, as measured by retained earnings on assets, demonstrated a modest increase, and earnings per share also experienced a notable overall gain but large quarter-over-quarter variance.