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 63.05 (%).Trend:Increase 166.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.54 (%).Trend:Decrease 46.8% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.73 (%).Trend:Decrease 29.25% than previous quarter

Overall: decreasing (-62.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 116.67 (%).Trend:Increase 146.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 58.26 (%).Trend:Decrease 50.06% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.91 (%).Trend:Decrease 33.21% than previous quarter

Overall: decreasing (-66.65%). 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 14.34 (%).Trend:Decrease 1162.22% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 8.43 (%).Trend:Decrease 41.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 6.89 (%).Trend:Decrease 18.27% than previous quarter

Overall: decreasing (-51.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.73 (%).Trend:Decrease 11.63% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.6 (%).Trend:Decrease 0.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.18 (%).Trend:Decrease 2.69% than previous quarter

Overall: decreasing (-3.5%). 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 3.86 (%).Trend:Decrease 506.32% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 4.53 (%).Trend:Increase 17.36% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 5.56 (%).Trend:Increase 22.74% than previous quarter

Overall: increasing (44.04%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.48 (USD).Trend:Decrease 65.22% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.93 (USD).Trend:Increase 93.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.48 (USD).Trend:Increase 59.14% than previous quarter

Overall: increasing (208.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show substantial fluctuations in working capital efficiency, cost efficiency, and investment efficiency metrics. Liabilities on revenue and current assets on revenue both declined significantly. Cost efficiency, specifically the SG&A expense ratio, exhibits a consistent decrease.  The ratio of retained earnings to revenue and earnings per share show high volatility, with significant quarter-to-quarter changes. Investment efficiency has an overall increasing trend with strong quarter-to-quarter variations.