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 71.69 (%).Trend:Increase 152.79% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.35 (%).Trend:Decrease 38.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.46 (%).Trend:Decrease 20.05% than previous quarter

Overall: decreasing (-50.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 197.74 (%).Trend:Increase 210.23% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 93.23 (%).Trend:Decrease 52.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 67.94 (%).Trend:Decrease 27.13% than previous quarter

Overall: decreasing (-65.64%). 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 40.18 (%).Trend:Increase 214.15% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 17.98 (%).Trend:Decrease 55.25% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 12.87 (%).Trend:Decrease 28.42% than previous quarter

Overall: decreasing (-67.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.83 (%).Trend:Increase 36.05% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 26.55% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.93 (%).Trend:Decrease 8.95% than previous quarter

Overall: decreasing (-33.13%). 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 7.49 (%).Trend:Decrease 9.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.51 (%).Trend:Increase 13.62% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.97 (%).Trend:Increase 5.41% than previous quarter

Overall: increasing (19.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.18 (USD).Trend:Decrease 119.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.59 (USD).Trend:Decrease 427.78% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.16 (USD).Trend:Increase 96.61% than previous quarter

Overall: increasing (-744.44%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2022 shows significant fluctuations. Working capital efficiency indicates decreasing trends in both liabilities and current assets on revenue with high variation, possibly signaling difficulties in managing short-term obligations. Cost efficiency, as measured by retained earnings to revenue, also decreases with significant fluctuations, suggesting volatility in operational costs. Investment efficiency shows a consistent upward trend in retained earnings on assets with minimal fluctuation, indicating stable asset management. Earnings per share exhibit an increasing trend, but with substantial fluctuations, indicating inconsistent profitability.