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 78.36 (%).Trend:Increase 85.91% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 31.9 (%).Trend:Decrease 59.29% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.2 (%).Trend:Decrease 30.41% than previous quarter

Overall: decreasing (-71.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 56.38 (%).Trend:Increase 82.4% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 23.36 (%).Trend:Decrease 58.57% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 13.64 (%).Trend:Decrease 41.61% than previous quarter

Overall: decreasing (-75.81%). 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 -55.5 (%).Trend:Decrease 9.61% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -8.91 (%).Trend:Decrease 83.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2.58 (%).Trend:Decrease 128.96% than previous quarter

Overall: increasing (-104.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.51 (%).Trend:Decrease 27.75% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.46 (%).Trend:Decrease 3.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.44 (%).Trend:Decrease 1.37% than previous quarter

Overall: decreasing (-4.64%). 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 -5.68 (%).Trend:Decrease 55.8% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -1.95 (%).Trend:Decrease 65.67% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.82 (%).Trend:Decrease 142.05% than previous quarter

Overall: increasing (-114.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 4.39 (USD).Trend:Decrease 34.77% than previous quarter
Year 2022 Quarter 2: Earning Per Share 12.3 (USD).Trend:Increase 180.18% than previous quarter
Year 2022 Quarter 3: Earning Per Share 18.99 (USD).Trend:Increase 54.39% than previous quarter

Overall: increasing (332.57%). Fluctuation: **Significant** (high variation).



Working capital efficiency, measured by liabilities and current assets on revenue, is declining overall but shows significant volatility.  Liabilities on revenue decreased from 78.36% in Q1 to 22.2% in Q3 2022, then sharply increasing to 99.16% in Q1 2023.  Current assets on revenue also shows similar pattern. Cost efficiency shows significant fluctuations in the ratio of retained earnings to revenue, from negative values in Q1-Q2 2022 and then increasing in Q3 2022,  while the Selling, General & Administrative (SG&A) expense ratio decreased steadily. Investment efficiency exhibits a significant increase in retained earnings on assets. Earning per share is also significantly volatile, increasing from Q1 to Q2 then decreasing, then increasing again to Q3 of 2022.