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 98.17 (%).Trend:Increase 188.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 48.94 (%).Trend:Decrease 50.15% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.64 (%).Trend:Decrease 29.22% than previous quarter

Overall: decreasing (-64.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 164.8 (%).Trend:Increase 225.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 85.69 (%).Trend:Decrease 48.0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 61.68 (%).Trend:Decrease 28.02% than previous quarter

Overall: decreasing (-62.57%). 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 446.57 (%).Trend:Increase 204.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 231.93 (%).Trend:Decrease 48.06% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 160.93 (%).Trend:Decrease 30.61% than previous quarter

Overall: decreasing (-63.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.21 (%).Trend:Decrease 1.8% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.05 (%).Trend:Decrease 0.59% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.38 (%).Trend:Increase 1.22% than previous quarter

Overall: increasing (0.62%). 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 41.17 (%).Trend:Increase 8.74% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 43.77 (%).Trend:Increase 6.32% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 45.88 (%).Trend:Increase 4.82% than previous quarter

Overall: increasing (11.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.35 (USD).Trend:Decrease 62.88% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.63 (USD).Trend:Increase 97.02% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 29.59% than previous quarter

Overall: increasing (155.32%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2022 financial data reveals significant fluctuations in several key areas.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially, indicating potential areas for concern.  The SG&A expense ratio remained relatively stable, showing only a minor increase.  Retained earnings on assets and earnings per share displayed increases, suggesting positive investment performance and profitability.