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 134.5 (%).Trend:Increase 229.33% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 57.19 (%).Trend:Decrease 57.48% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 37.17 (%).Trend:Decrease 35.01% than previous quarter

Overall: decreasing (-72.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 108.6 (%).Trend:Increase 244.22% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.74 (%).Trend:Decrease 56.96% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 28.46 (%).Trend:Decrease 39.11% than previous quarter

Overall: decreasing (-73.79%). 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 282.59 (%).Trend:Increase 253.64% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 120.98 (%).Trend:Decrease 57.19% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 78.32 (%).Trend:Decrease 35.26% than previous quarter

Overall: decreasing (-72.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.56 (%).Trend:Increase 25.23% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.51 (%).Trend:Decrease 11.93% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.15 (%).Trend:Decrease 6.04% than previous quarter

Overall: decreasing (-17.25%). 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 26.95 (%).Trend:Increase 0.75% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 27.14 (%).Trend:Increase 0.71% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 28.33 (%).Trend:Increase 4.38% than previous quarter

Overall: increasing (5.12%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q1-Q3 2022 financial statements reveals significant volatility in working capital efficiency metrics. Liabilities and current assets on revenue decreased significantly and then increased in Q1 2022, with substantial variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a similarly significant trend of fluctuation.  SG&A expense ratio, on the other hand, shows little variation, with a mostly decreasing trend. Investment efficiency, measured by retained earnings on assets, shows a positive upward trend with little fluctuation.