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 69.09 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 35.28 (%).Trend:Decrease 48.94% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.12 (%).Trend:Decrease 31.63% than previous quarter

Overall: decreasing (-65.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 105.02 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 52.03 (%).Trend:Decrease 50.46% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.56 (%).Trend:Decrease 35.5% than previous quarter

Overall: decreasing (-68.04%). 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 71.51 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 38.58 (%).Trend:Decrease 46.05% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 27.52 (%).Trend:Decrease 28.67% than previous quarter

Overall: decreasing (-61.52%). 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 24.86 (%).Trend:Increase 16.93% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 27.05 (%).Trend:Increase 8.81% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.01 (%).Trend:Increase 7.25% than previous quarter

Overall: increasing (16.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 3.05 (USD).Trend:Decrease 72.79% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.31 (USD).Trend:Increase 106.89% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.27 (USD).Trend:Increase 46.91% than previous quarter

Overall: increasing (203.93%). Fluctuation: **Significant** (high variation).



Q1 2022 to Q3 2022 financial analysis shows significant declines in liabilities, current assets, and the retained earnings-to-revenue ratio, suggesting major negative trends with high volatility. In contrast, retained earnings on assets saw a modest increase (16.69%).  Earnings per share experienced a substantial increase (203.93%), with significant fluctuation.