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 168.78 (%).Trend:Increase 196.78% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 81.53 (%).Trend:Decrease 51.69% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 56.21 (%).Trend:Decrease 31.06% than previous quarter

Overall: decreasing (-66.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 181.54 (%).Trend:Increase 190.14% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 87.91 (%).Trend:Decrease 51.58% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 59.61 (%).Trend:Decrease 32.19% than previous quarter

Overall: decreasing (-67.16%). 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 -20.72 (%).Trend:Increase 328.1% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -10.91 (%).Trend:Decrease 47.35% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -7.52 (%).Trend:Decrease 31.07% than previous quarter

Overall: increasing (-63.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -5.92 (%).Trend:Increase 46.53% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -6.31 (%).Trend:Increase 6.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -6.5 (%).Trend:Increase 3.01% than previous quarter

Overall: decreasing (9.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 17.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.73 (USD).Trend:Increase 69.77% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.45 (USD).Trend:Increase 98.63% than previous quarter

Overall: increasing (237.21%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 to Q3 2022 shows major fluctuations in key metrics.  Liabilities and current assets on revenue both decreased substantially but with considerable variation. The ratio of retained earnings to revenue is an overall increase, but with significant fluctuations across the quarters. Investment efficiency, as measured by retained earnings on assets, shows a general decrease. Earnings per share show an upward trend overall, despite variations throughout the period.