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 49.23 (%).Trend:Increase 186.89% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 21.2 (%).Trend:Decrease 56.94% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.52 (%).Trend:Decrease 22.08% than previous quarter

Overall: decreasing (-66.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 94.16 (%).Trend:Increase 184.9% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 40.52 (%).Trend:Decrease 56.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 31.59 (%).Trend:Decrease 22.04% than previous quarter

Overall: decreasing (-66.45%). 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 -50.32 (%).Trend:Increase 145.34% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -24.68 (%).Trend:Decrease 50.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -14.84 (%).Trend:Decrease 39.87% than previous quarter

Overall: increasing (-70.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.26 (%).Trend:Increase 12.37% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.99 (%).Trend:Decrease 5.71% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.09 (%).Trend:Increase 0.48% than previous quarter

Overall: decreasing (-5.26%). 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 -8.58 (%).Trend:Decrease 15.55% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -8.98 (%).Trend:Increase 4.66% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -8.07 (%).Trend:Decrease 10.13% than previous quarter

Overall: increasing (-5.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.25 (USD).Trend:Decrease 74.95% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.98 (USD).Trend:Increase 58.4% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 1.01% than previous quarter

Overall: increasing (60.0%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q1 to Q3 of 2022 indicate considerable volatility across various efficiency metrics. Liabilities and current assets on revenue exhibit significant decreases, while the ratio of retained earnings to revenue demonstrates a notable increase.  Despite the significant fluctuations in cost efficiency, the selling, general, and administrative (SG&A) expense ratio shows a relatively steady decrease. Investment efficiency reveals a mixed trend with notable fluctuation in retained earnings on assets. Earnings per share show a positive overall trend with moderate variation.  The overall data suggests substantial changes in financial performance requiring closer analysis to understand the root causes.