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 63.66 (%).Trend:Increase 244.67% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.59 (%).Trend:Decrease 48.81% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 18.94 (%).Trend:Decrease 41.88% than previous quarter

Overall: decreasing (-70.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 74.85 (%).Trend:Increase 190.57% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 40.45 (%).Trend:Decrease 45.96% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 26.58 (%).Trend:Decrease 34.29% than previous quarter

Overall: decreasing (-64.49%). 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 58.07 (%).Trend:Increase 241.39% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 30.43 (%).Trend:Decrease 47.6% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.24 (%).Trend:Decrease 26.91% than previous quarter

Overall: decreasing (-61.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.82 (%).Trend:Increase 0.6% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.0 (%).Trend:Decrease 3.06% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.17 (%).Trend:Increase 0.65% than previous quarter

Overall: decreasing (-2.42%). 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 23.8 (%).Trend:Increase 15.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 25.48 (%).Trend:Increase 7.06% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 28.61 (%).Trend:Increase 12.28% than previous quarter

Overall: increasing (20.21%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q1 to Q3 2022 indicates significant fluctuations in working capital efficiency, with liabilities and current assets on revenue both decreasing overall. Cost efficiency shows a large decrease in the retained earnings to revenue ratio.  SG&A expense ratio shows little fluctuation and a slight decrease overall. Investment efficiency shows a steady, minor increase in retained earnings on assets.