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 111.19 (%).Trend:Increase 255.81% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 50.9 (%).Trend:Decrease 54.22% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.26 (%).Trend:Decrease 32.69% than previous quarter

Overall: decreasing (-69.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 208.4 (%).Trend:Increase 197.2% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 84.44 (%).Trend:Decrease 59.48% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.57 (%).Trend:Decrease 40.11% than previous quarter

Overall: decreasing (-75.73%). 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 -16.96 (%).Trend:Increase 95.62% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -13.83 (%).Trend:Decrease 18.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -18.64 (%).Trend:Increase 34.78% than previous quarter

Overall: decreasing (9.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.25 (%).Trend:Decrease 2.23% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48.82 (%).Trend:Decrease 6.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51.46 (%).Trend:Increase 5.41% than previous quarter

Overall: decreasing (-1.51%). 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 -3.13 (%).Trend:Decrease 30.44% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -6.32 (%).Trend:Increase 101.92% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -12.85 (%).Trend:Increase 103.32% than previous quarter

Overall: decreasing (310.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.82 (USD).Trend:Decrease 64.19% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.98 (USD).Trend:Increase 141.46% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.47 (USD).Trend:Increase 24.75% than previous quarter

Overall: increasing (201.22%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2022 to Q3 2022 reveals significant fluctuations in key financial ratios.  Liabilities and current assets on revenue show substantial decreases (-69.19% and -75.73% respectively). The ratio of retained earnings to revenue also decreased (9.91%), indicating potential profitability concerns.  SG&A expenses decreased slightly (-1.51%), suggesting operational cost control. Investment efficiency (retained earnings on assets) experienced a dramatic decline (310.54%), while earnings per share increased significantly (201.22%).