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 103.34 (%).Trend:Increase 300.39% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 56.4 (%).Trend:Decrease 45.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.32 (%).Trend:Decrease 44.47% than previous quarter

Overall: decreasing (-69.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 117.45 (%).Trend:Increase 261.94% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 66.26 (%).Trend:Decrease 43.58% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.54 (%).Trend:Decrease 41.84% than previous quarter

Overall: decreasing (-67.19%). 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 28.11 (%).Trend:Increase 351.93% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 16.77 (%).Trend:Decrease 40.34% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 13.85 (%).Trend:Decrease 17.41% than previous quarter

Overall: decreasing (-50.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.57 (%).Trend:Increase 15.9% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.29 (%).Trend:Decrease 1.59% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.51 (%).Trend:Decrease 4.51% than previous quarter

Overall: decreasing (-6.03%). 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 8.13 (%).Trend:Decrease 14.69% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 10.13 (%).Trend:Increase 24.6% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 13.84 (%).Trend:Increase 36.62% than previous quarter

Overall: increasing (70.23%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1-Q3 2022 highlight significant fluctuations in working capital efficiency. Liabilities on revenue rose sharply in Q1 before declining substantially in Q2 and Q3.  Current assets on revenue exhibit a similar pattern, increasing drastically in Q1 then decreasing in subsequent quarters.  Cost efficiency, measured by the retained earnings to revenue ratio, shows high volatility.  The SG&A expense ratio displays low fluctuation, declining steadily.  Investment efficiency, measured by retained earnings on assets, shows a strong overall upward trend.