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 149.46 (%).Trend:Increase 205.64% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 80.25 (%).Trend:Decrease 46.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 54.95 (%).Trend:Decrease 31.53% than previous quarter

Overall: decreasing (-63.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 202.96 (%).Trend:Increase 210.34% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 101.79 (%).Trend:Decrease 49.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 69.34 (%).Trend:Decrease 31.88% than previous quarter

Overall: decreasing (-65.84%). 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 216.71 (%).Trend:Increase 220.48% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 108.53 (%).Trend:Decrease 49.92% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 73.43 (%).Trend:Decrease 32.34% than previous quarter

Overall: decreasing (-66.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.35 (%).Trend:Decrease 7.35% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 1.21% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (1.21%). 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 22.65 (%).Trend:Increase 6.94% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 23.53 (%).Trend:Increase 3.89% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.35 (%).Trend:Increase 3.48% than previous quarter

Overall: increasing (7.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 58.97% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 113.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.6 (USD).Trend:Increase 52.05% than previous quarter

Overall: increasing (225.0%). Fluctuation: **Significant** (high variation).



Financial review of Q1 to Q3 2022 reveals significant concerns regarding working capital and cost efficiency. Liabilities and current assets on revenue, along with the ratio of retained earnings to revenue, show substantial, negative trends.  Earnings per share (EPS) exhibits significant fluctuations, with both increases and decreases.  The selling, general, and administrative (SG&A) expense ratio remains fairly stable, while investment efficiency (retained earnings on assets) exhibits a more stable, positive trend.