Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 57.43 (%).Trend:Increase 151.33% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.13 (%).Trend:Decrease 51.02% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.16 (%).Trend:Decrease 39.0% than previous quarter

Overall: decreasing (-70.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 63.2 (%).Trend:Increase 105.39% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 48.59 (%).Trend:Decrease 23.12% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 28.99 (%).Trend:Decrease 40.34% than previous quarter

Overall: decreasing (-54.13%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 226.22 (%).Trend:Increase 148.46% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 119.79 (%).Trend:Decrease 47.05% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 83.47 (%).Trend:Decrease 30.32% than previous quarter

Overall: decreasing (-63.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.9 (%).Trend:Increase 6.29% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.41 (%).Trend:Decrease 1.64% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.79 (%).Trend:Decrease 2.11% than previous quarter

Overall: decreasing (-3.71%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 30.04 (%).Trend:Decrease 13.48% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 30.84 (%).Trend:Increase 2.66% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 32.62 (%).Trend:Increase 5.77% than previous quarter

Overall: increasing (8.59%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly, from 57.43% in Q1 2021 to 17.16% in Q3 2022, before increasing to 57.44% in Q1 2023.  Similarly, current assets on revenue decreased significantly from Q1 2021 to Q3 2022, but increased to 75.78% in Q1 2023.  Cost efficiency shows significant fluctuation in the ratio of retained earnings to revenue, decreasing from Q1 2021 to Q3 2022 and then significantly increasing in Q1 2023.  SG&A expense ratios show a small overall decrease with little fluctuation.  Investment efficiency demonstrates little fluctuation with retained earnings on assets increasing slightly from Q1 2021 to Q3 2022. Earning per share shows significant fluctuation with a large decrease in Q1 2023.