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 105.73 (%).Trend:Increase 230.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.9 (%).Trend:Decrease 51.86% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.25 (%).Trend:Decrease 40.57% than previous quarter

Overall: decreasing (-71.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 154.11 (%).Trend:Increase 199.01% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 76.24 (%).Trend:Decrease 50.53% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.0 (%).Trend:Decrease 37.04% than previous quarter

Overall: decreasing (-68.85%). 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 111.58 (%).Trend:Increase 189.14% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 52.55 (%).Trend:Decrease 52.9% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 36.3 (%).Trend:Decrease 30.92% than previous quarter

Overall: decreasing (-67.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.39 (%).Trend:Increase 11.01% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.33 (%).Trend:Decrease 9.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.36 (%).Trend:Increase 0.15% than previous quarter

Overall: decreasing (-9.07%). 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 31.99 (%).Trend:Decrease 17.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 32.96 (%).Trend:Increase 3.03% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 35.28 (%).Trend:Increase 7.04% than previous quarter

Overall: increasing (10.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 79.69% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.91 (USD).Trend:Increase 189.39% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.1 (USD).Trend:Increase 62.3% than previous quarter

Overall: increasing (369.7%). Fluctuation: **Significant** (high variation).



The financial statements show significant fluctuations in working capital efficiency, cost efficiency, and earnings per share across Q1-Q3 2022. Liabilities and current assets on revenue experienced substantial increases and decreases, indicating volatility.  Retained earnings to revenue ratios also fluctuated dramatically.  While SG&A expense ratio showed little fluctuation, retained earnings on assets demonstrated stable growth.  Earning per share saw the most significant variation, increasing dramatically in some quarters before declining in others.  Overall, a trend of decreasing efficiency is observed for working capital and cost, contrasting with the slight increase in investment efficiency.