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 102.19 (%).Trend:Increase 185.61% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.12 (%).Trend:Decrease 50.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.42 (%).Trend:Decrease 51.28% than previous quarter

Overall: decreasing (-76.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 161.69 (%).Trend:Increase 204.85% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 78.74 (%).Trend:Decrease 51.3% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.65 (%).Trend:Decrease 35.67% than previous quarter

Overall: decreasing (-68.67%). 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 227.33 (%).Trend:Increase 190.67% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 114.49 (%).Trend:Decrease 49.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 77.27 (%).Trend:Decrease 32.51% than previous quarter

Overall: decreasing (-66.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.45 (%).Trend:Decrease 1.97% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.17 (%).Trend:Decrease 3.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.04 (%).Trend:Decrease 1.59% than previous quarter

Overall: decreasing (-4.85%). 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 56.27 (%).Trend:Increase 0.72% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 58.14 (%).Trend:Increase 3.32% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 58.99 (%).Trend:Increase 1.46% than previous quarter

Overall: increasing (4.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 69.72% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.36 (USD).Trend:Increase 106.06% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.89 (USD).Trend:Increase 38.97% than previous quarter

Overall: increasing (186.36%). Fluctuation: **Significant** (high variation).



Key findings for Q1 2022 to Q3 2022 show substantial decreases in liabilities and current assets relative to revenue, and in the retained earnings to revenue ratio.  Conversely, retained earnings on assets increased slightly and earnings per share increased significantly.  Significant fluctuations were observed in these key metrics.  SG&A expense ratio decreased marginally.