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 51.46 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 24.31 (%).Trend:Decrease 52.76% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 15.78 (%).Trend:Decrease 35.09% than previous quarter

Overall: decreasing (-69.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 81.19 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 40.86 (%).Trend:Decrease 49.67% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 26.89 (%).Trend:Decrease 34.19% than previous quarter

Overall: decreasing (-66.88%). 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 75.51 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 41.25 (%).Trend:Decrease 45.37% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 28.47 (%).Trend:Decrease 30.98% than previous quarter

Overall: decreasing (-62.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.48 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.19 (%).Trend:Decrease 3.88% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.77 (%).Trend:Decrease 5.84% than previous quarter

Overall: decreasing (-9.49%). 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 38.47 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 42.16 (%).Trend:Increase 9.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 45.97 (%).Trend:Increase 9.04% than previous quarter

Overall: increasing (19.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 4.37 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 9.17 (USD).Trend:Increase 109.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share 15.5 (USD).Trend:Increase 69.03% than previous quarter

Overall: increasing (254.69%). Fluctuation: **Significant** (high variation).



Q1 2022 to Q3 2022 data shows a strategic need for further investigation. Liabilities on revenue and current assets on revenue decreased significantly (-69.34% and -66.88% respectively), indicating potential issues with working capital management.  The ratio of retained earnings to revenue also decreased significantly (-62.3%), while the SG&A expense ratio showed a minor decrease (-9.49%), suggesting potential areas for cost optimization.  Conversely, retained earnings on assets and earnings per share demonstrated substantial increases (19.5% and 254.69%), respectively.  This highlights the need for a deeper analysis of the underlying factors driving these trends.