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 70.47 (%).Trend:Increase 129.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 38.61 (%).Trend:Decrease 45.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.79 (%).Trend:Decrease 25.43% than previous quarter

Overall: decreasing (-59.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 168.79 (%).Trend:Increase 179.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 87.36 (%).Trend:Decrease 48.24% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 61.81 (%).Trend:Decrease 29.25% than previous quarter

Overall: decreasing (-63.38%). 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 242.77 (%).Trend:Increase 207.11% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 122.11 (%).Trend:Decrease 49.7% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 82.88 (%).Trend:Decrease 32.13% than previous quarter

Overall: decreasing (-65.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.59 (%).Trend:Increase 8.37% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.43 (%).Trend:Increase 4.08% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.12 (%).Trend:Decrease 1.45% than previous quarter

Overall: increasing (2.57%). 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 59.56 (%).Trend:Increase 7.9% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 60.12 (%).Trend:Increase 0.94% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 60.62 (%).Trend:Increase 0.83% than previous quarter

Overall: increasing (1.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.76 (USD).Trend:Decrease 70.07% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.29 (USD).Trend:Increase 86.93% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.57 (USD).Trend:Increase 69.3% than previous quarter

Overall: increasing (216.48%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2022 exhibits significant volatility.  Working capital efficiency, indicated by liabilities on revenue and current assets on revenue, both declined significantly, but with large swings from quarter to quarter.  Cost efficiency, as represented by the retained earnings-to-revenue ratio, shows a large overall decrease and substantial quarterly shifts.  Conversely, Selling, General, and Administrative (SG&A) expenses increased moderately. Investment efficiency, as gauged by retained earnings on assets, increased gradually across quarters with little variation. Earnings per share showed a pronounced upward trend overall, but with significant quarterly fluctuations.