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 90.96 (%).Trend:Increase 208.65% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 42.94 (%).Trend:Decrease 52.79% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.2 (%).Trend:Decrease 36.66% than previous quarter

Overall: decreasing (-70.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 173.03 (%).Trend:Increase 248.08% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 84.94 (%).Trend:Decrease 50.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 55.23 (%).Trend:Decrease 34.98% than previous quarter

Overall: decreasing (-68.08%). 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 91.37 (%).Trend:Increase 403.97% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 50.67 (%).Trend:Decrease 44.54% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.34 (%).Trend:Decrease 24.33% than previous quarter

Overall: decreasing (-58.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.42 (%).Trend:Increase 4.76% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.15 (%).Trend:Decrease 11.16% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.12 (%).Trend:Decrease 1.4% than previous quarter

Overall: decreasing (-12.4%). 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 23.02 (%).Trend:Increase 60.87% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 27.14 (%).Trend:Increase 17.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.4 (%).Trend:Increase 8.33% than previous quarter

Overall: increasing (27.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 3.37 (USD).Trend:Decrease 71.44% than previous quarter
Year 2022 Quarter 2: Earning Per Share 7.17 (USD).Trend:Increase 112.76% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.33 (USD).Trend:Increase 30.13% than previous quarter

Overall: increasing (176.85%). Fluctuation: **Significant** (high variation).



The provided 2022 financial statements show a mixed picture. Working capital efficiency exhibits considerable volatility, with liabilities and current assets on revenue experiencing substantial changes. Cost efficiency reveals a slight overall decline in SG&A expense ratio but significant fluctuation in the ratio of retained earnings to revenue. Investment efficiency displays a general increase, while earning per share exhibits significant volatility, particularly in the first quarter.  This data underscores the need for a deeper investigation into the underlying causes of these fluctuations and potential remedial actions.