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 66.2 (%).Trend:Increase 130.98% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.49 (%).Trend:Decrease 43.37% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.68 (%).Trend:Decrease 34.17% than previous quarter

Overall: decreasing (-62.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 375.57 (%).Trend:Increase 178.65% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 187.79 (%).Trend:Decrease 50.0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 128.67 (%).Trend:Decrease 31.48% than previous quarter

Overall: decreasing (-65.74%). 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 632.31 (%).Trend:Increase 173.2% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 329.55 (%).Trend:Decrease 47.88% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 220.37 (%).Trend:Decrease 33.13% than previous quarter

Overall: decreasing (-65.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.87 (%).Trend:Decrease 5.22% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.31 (%).Trend:Decrease 2.08% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.17 (%).Trend:Increase 3.27% than previous quarter

Overall: increasing (1.12%). 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 67.82 (%).Trend:Increase 0.37% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 70.08 (%).Trend:Increase 3.33% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 70.09 (%).Trend:Increase 0.01% than previous quarter

Overall: increasing (3.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.73 (USD).Trend:Decrease 69.38% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.83 (USD).Trend:Increase 294.8% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 17.13% than previous quarter

Overall: increasing (362.43%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2022 to Q3 2022 reveals a concerning pattern of decline in several key financial metrics.  Liabilities and current assets on revenue experienced significant decreases, indicating potentially strained liquidity or operating efficiency.  The ratio of retained earnings to revenue also shows a decline, possibly suggesting difficulties in profitability.  Earnings per share displayed significant fluctuations, while the SG&A expense ratio remained relatively stable.  The overall financial performance presents a picture of volatility and potential operational or financial challenges over the three-quarter period.