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 139.77 (%).Trend:Increase 91.97% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 64.09 (%).Trend:Decrease 54.15% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 42.38 (%).Trend:Decrease 33.87% than previous quarter

Overall: decreasing (-69.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 289.49 (%).Trend:Increase 135.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 133.91 (%).Trend:Decrease 53.74% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 86.32 (%).Trend:Decrease 35.54% than previous quarter

Overall: decreasing (-70.18%). 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 444.39 (%).Trend:Increase 214.84% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 215.29 (%).Trend:Decrease 51.55% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 142.8 (%).Trend:Decrease 33.67% than previous quarter

Overall: decreasing (-67.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.11 (%).Trend:Increase 7.91% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.53 (%).Trend:Decrease 6.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.14 (%).Trend:Increase 2.59% than previous quarter

Overall: decreasing (-3.86%). 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 77.58 (%).Trend:Increase 17.31% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 80.02 (%).Trend:Increase 3.15% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 81.64 (%).Trend:Increase 2.02% than previous quarter

Overall: increasing (5.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.12 (USD).Trend:Decrease 114.29% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.22 (USD).Trend:Decrease 283.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.52 (USD).Trend:Increase 136.36% than previous quarter

Overall: increasing (-533.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased significantly from Q1 to Q3 2022, then increased sharply in Q1 2023, indicating instability. Current assets on revenue also decreased significantly from Q1 to Q3 2022, followed by a substantial increase in Q1 2023, similarly highlighting instability. Cost efficiency shows a slight overall decrease in the SG&A expense ratio, with little fluctuation.  Invest efficiency shows a slight overall increase in retained earning on assets, with little fluctuation. Earning per share displays significant fluctuation with substantial changes in Q1 2022.