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 71.69 (%).Trend:Increase 152.79% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 44.35 (%).Trend:Decrease 38.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.46 (%).Trend:Decrease 20.05% than previous quarter

Overall: decreasing (-50.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 197.74 (%).Trend:Increase 210.23% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 93.23 (%).Trend:Decrease 52.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 67.94 (%).Trend:Decrease 27.13% than previous quarter

Overall: decreasing (-65.64%). 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 40.18 (%).Trend:Increase 214.15% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 17.98 (%).Trend:Decrease 55.25% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 12.87 (%).Trend:Decrease 28.42% than previous quarter

Overall: decreasing (-67.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.83 (%).Trend:Increase 36.05% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 26.55% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.93 (%).Trend:Decrease 8.95% than previous quarter

Overall: decreasing (-33.13%). Fluctuation: **Neutral** (moderate 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 7.49 (%).Trend:Decrease 9.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.51 (%).Trend:Increase 13.62% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.97 (%).Trend:Increase 5.41% than previous quarter

Overall: increasing (19.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.18 (USD).Trend:Decrease 119.15% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.59 (USD).Trend:Decrease 427.78% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.16 (USD).Trend:Increase 96.61% than previous quarter

Overall: increasing (-744.44%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2022 reveals significant fluctuations. Working capital efficiency indicates decreasing trends in liabilities and current assets on revenue, suggesting potential challenges in short-term financial management. Cost efficiency, as measured by retained earnings to revenue, also exhibits a decreasing trend with high variation, indicating operational instability. Investment efficiency, however, shows an upward trend in retained earnings on assets, with little fluctuation, suggesting stable asset management. Earnings per share displays an increasing trend, but with significant fluctuations, showing inconsistent profitability.