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 75.4 (%).Trend:Increase 139.67% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 40.41 (%).Trend:Decrease 46.41% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.44 (%).Trend:Decrease 32.1% than previous quarter

Overall: decreasing (-63.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 280.63 (%).Trend:Increase 196.68% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 137.65 (%).Trend:Decrease 50.95% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 94.49 (%).Trend:Decrease 31.35% than previous quarter

Overall: decreasing (-66.33%). 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 17.56 (%).Trend:Increase 319.09% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 10.28 (%).Trend:Decrease 41.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 8.07 (%).Trend:Decrease 21.5% than previous quarter

Overall: decreasing (-54.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.65 (%).Trend:Increase 4.59% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.12 (%).Trend:Decrease 15.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.11 (%).Trend:Decrease 0.07% than previous quarter

Overall: decreasing (-15.26%). 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 3.06 (%).Trend:Increase 42.99% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 3.72 (%).Trend:Increase 21.57% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 4.36 (%).Trend:Increase 17.2% than previous quarter

Overall: increasing (42.48%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 81.82% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.23 (USD).Trend:Increase 475.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.43 (USD).Trend:Increase 86.96% than previous quarter

Overall: increasing (975.0%). Fluctuation: **Significant** (high variation).



Reviewing Q1 2022 to Q3 2022 data reveals significant fluctuations. Liabilities and current assets on revenue decreased substantially, showing high variation. The ratio of retained earnings to revenue also decreased, exhibiting high variability. The SG&A expense ratio decreased slightly and consistently. Retained earnings on assets increased moderately, and earnings per share increased dramatically, with high variation.