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 100.56 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 52.45 (%).Trend:Decrease 47.84% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 32.08 (%).Trend:Decrease 38.84% than previous quarter

Overall: decreasing (-68.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 275.84 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 139.84 (%).Trend:Decrease 49.3% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 87.34 (%).Trend:Decrease 37.54% than previous quarter

Overall: decreasing (-68.34%). 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 730.41 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 357.88 (%).Trend:Decrease 51.0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 228.66 (%).Trend:Decrease 36.11% than previous quarter

Overall: decreasing (-68.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.03 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.06 (%).Trend:Increase 0.08% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.68 (%).Trend:Increase 4.37% than previous quarter

Overall: increasing (4.46%). 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 117.68 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 116.54 (%).Trend:Decrease 0.97% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 120.28 (%).Trend:Increase 3.21% than previous quarter

Overall: increasing (2.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.05 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 40.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.09 (USD).Trend:Increase 28.57% than previous quarter

Overall: increasing (80.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 reveals significant fluctuations in several key areas.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue show substantial decreases, indicating potential financial strain.  In contrast, the SG&A expense ratio shows a modest increase, and retained earnings on assets and earnings per share demonstrate growth with notable fluctuations.  A detailed review is needed to understand these trends.