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 80.56 (%).Trend:Increase 159.79% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.96 (%).Trend:Decrease 49.16% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.26 (%).Trend:Decrease 28.56% than previous quarter

Overall: decreasing (-63.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 482.08 (%).Trend:Increase 170.89% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 236.38 (%).Trend:Decrease 50.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 154.24 (%).Trend:Decrease 34.75% than previous quarter

Overall: decreasing (-68.01%). 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 753.39 (%).Trend:Increase 185.76% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 381.24 (%).Trend:Decrease 49.4% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 254.69 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-66.19%). 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 85.32 (%).Trend:Increase 1.85% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 85.39 (%).Trend:Increase 0.08% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 85.09 (%).Trend:Decrease 0.35% than previous quarter

Overall: decreasing (-0.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.79 (USD).Trend:Decrease 69.96% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.15 (USD).Trend:Increase 45.57% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.55 (USD).Trend:Increase 34.78% than previous quarter

Overall: increasing (96.2%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2022 show considerable declines in various metrics. Liabilities and current assets on revenue fell sharply.  The ratio of retained earnings to revenue also decreased significantly, highlighting a worrisome trend in cost efficiency.  Investment efficiency, however, experienced a stable decrease in retained earnings on assets. Earnings per share show a sharp drop in Q1, followed by a recovery in Q2 and Q3.