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 44.86 (%).Trend:Increase 189.05% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 23.51 (%).Trend:Decrease 47.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 15.3 (%).Trend:Decrease 34.92% than previous quarter

Overall: decreasing (-65.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 149.85 (%).Trend:Increase 199.82% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 79.05 (%).Trend:Decrease 47.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.66 (%).Trend:Decrease 32.12% than previous quarter

Overall: decreasing (-64.19%). 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 157.06 (%).Trend:Increase 158.49% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 81.17 (%).Trend:Decrease 48.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 56.2 (%).Trend:Decrease 30.76% than previous quarter

Overall: decreasing (-64.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.28 (%).Trend:Decrease 12.45% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.36 (%).Trend:Increase 0.86% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.28 (%).Trend:Decrease 0.85% than previous quarter

Overall: stable (0.0%). 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 42.31 (%).Trend:Decrease 26.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 42.62 (%).Trend:Increase 0.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.66 (%).Trend:Increase 2.44% than previous quarter

Overall: increasing (3.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.69 (USD).Trend:Decrease 73.36% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.82 (USD).Trend:Increase 163.77% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.79 (USD).Trend:Increase 53.3% than previous quarter

Overall: increasing (304.35%). Fluctuation: **Significant** (high variation).



Financial statements show considerable volatility in working capital and cost efficiency metrics. Liabilities and current assets on revenue fluctuate significantly, decreasing then increasing, particularly in Q1 2023.  The ratio of retained earnings to revenue also shows significant downward trends initially followed by an increase.  SG&A expenses are relatively stable. Investment efficiency demonstrates a consistent upward trend in retained earnings on assets with little variation.  Earnings per share show substantial changes, increasing and then decreasing.