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 106.66 (%).Trend:Increase 239.36% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 54.4 (%).Trend:Decrease 49.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 42.02 (%).Trend:Decrease 22.76% than previous quarter

Overall: decreasing (-60.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 197.24 (%).Trend:Increase 199.35% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 104.0 (%).Trend:Decrease 47.27% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 75.23 (%).Trend:Decrease 27.66% than previous quarter

Overall: decreasing (-61.86%). 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 66.15 (%).Trend:Increase 162.19% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.88 (%).Trend:Decrease 50.29% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.53 (%).Trend:Decrease 31.48% than previous quarter

Overall: decreasing (-65.94%). 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 28.15 (%).Trend:Decrease 10.38% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 27.09 (%).Trend:Decrease 3.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 26.12 (%).Trend:Decrease 3.58% than previous quarter

Overall: decreasing (-7.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.5 (USD).Trend:Decrease 64.54% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.32 (USD).Trend:Increase 164.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.82 (USD).Trend:Increase 113.64% than previous quarter

Overall: increasing (464.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show significant volatility in various key performance indicators. Working capital efficiency metrics (liabilities and current assets on revenue) show a clear downward trend, yet with considerable fluctuations.  Cost efficiency, represented by the ratio of retained earnings to revenue, demonstrates a similar pattern of decrease and variation.  However, investment efficiency exhibits a somewhat stable downward trend. Earnings per share, in contrast, shows a significant upward trend throughout the period, demonstrating a substantial increase in Q3. This disparity requires a deeper analysis of the underlying factors.