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 116.47 (%).Trend:Increase 198.87% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 57.37 (%).Trend:Decrease 50.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 40.86 (%).Trend:Decrease 28.78% than previous quarter

Overall: decreasing (-64.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 112.02 (%).Trend:Increase 259.96% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 53.21 (%).Trend:Decrease 52.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.79 (%).Trend:Decrease 36.5% than previous quarter

Overall: decreasing (-69.84%). 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 239.26 (%).Trend:Increase 231.98% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 113.32 (%).Trend:Decrease 52.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 75.83 (%).Trend:Decrease 33.08% than previous quarter

Overall: decreasing (-68.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.69 (%).Trend:Increase 2.01% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.48 (%).Trend:Decrease 1.8% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.52 (%).Trend:Increase 0.35% than previous quarter

Overall: decreasing (-1.45%). 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 28.16 (%).Trend:Increase 2.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 28.65 (%).Trend:Increase 1.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.07 (%).Trend:Increase 1.47% than previous quarter

Overall: increasing (3.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 75.86% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.06 (USD).Trend:Increase 116.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.52 (USD).Trend:Increase 43.4% than previous quarter

Overall: increasing (210.2%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 through Q3 2022 display marked fluctuations. Working capital efficiency ratios (liabilities and current assets on revenue) show a substantial decrease followed by a dramatic increase. Cost efficiency (retained earnings to revenue) shows a significant decrease overall.  Selling, General, and Administrative (SG&A) expenses decrease slightly overall but have little fluctuation.  Investment efficiency (retained earnings on assets) increases steadily. Earnings per share shows a significant overall increase with large quarter-to-quarter variations.