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

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 59.14 (%).Trend:Decrease 39.5% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 87.46 (%).Trend:Increase 47.89% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 69.36 (%).Trend:Decrease 20.7% than previous quarter

Overall: increasing (17.28%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 162.71 (%).Trend:Decrease 40.97% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 181.65 (%).Trend:Increase 11.64% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 120.25 (%).Trend:Decrease 33.8% than previous quarter

Overall: decreasing (-26.1%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -872.91 (%).Trend:Decrease 37.66% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -1086.6 (%).Trend:Increase 24.48% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -725.21 (%).Trend:Decrease 33.26% than previous quarter

Overall: increasing (-16.92%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.18 (%).Trend:Decrease 6.3% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 44.42 (%).Trend:Decrease 18.01% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.93 (%).Trend:Decrease 1.1% than previous quarter

Overall: decreasing (-18.92%). Fluctuation: **Neutral** (moderate variation).


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

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets -436.28 (%).Trend:Increase 3.3% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -455.06 (%).Trend:Increase 4.3% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -461.23 (%).Trend:Increase 1.36% than previous quarter

Overall: decreasing (5.72%). Fluctuation: **Significant** (high variation).

Earning Per Share


The period from Q3 2021 to Q3 2022 exhibited mixed performance.  Liabilities on revenue increased moderately (17.28%), while current assets decreased considerably (-26.1%), both showing moderate fluctuation.  The ratio of retained earnings to revenue showed a net increase of -16.92% with significant fluctuation.  SG&A expenses decreased (-18.92%), showing moderate fluctuation. Retained earnings on assets decreased significantly (-5.72%), with significant variation.