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 61.76 (%).Trend:Increase 125.9% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 32.35 (%).Trend:Decrease 47.62% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.14 (%).Trend:Decrease 34.65% than previous quarter

Overall: decreasing (-65.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 99.78 (%).Trend:Increase 140.26% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.84 (%).Trend:Decrease 53.06% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 33.77% than previous quarter

Overall: decreasing (-68.91%). 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 88.82 (%).Trend:Increase 193.23% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 44.24 (%).Trend:Decrease 50.19% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 28.83 (%).Trend:Decrease 34.83% than previous quarter

Overall: decreasing (-67.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.79 (%).Trend:Decrease 6.82% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.93 (%).Trend:Increase 1.3% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.22 (%).Trend:Increase 2.65% than previous quarter

Overall: increasing (3.99%). 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 24.44 (%).Trend:Increase 12.01% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 25.08 (%).Trend:Increase 2.62% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.54 (%).Trend:Decrease 2.15% than previous quarter

Overall: increasing (0.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.86 (USD).Trend:Decrease 77.72% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.66 (USD).Trend:Increase 93.02% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.17 (USD).Trend:Increase 30.72% than previous quarter

Overall: increasing (152.33%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2022 show significant volatility in working capital efficiency.  Liabilities on revenue decreased from Q1 to Q3, then increased.  Current assets on revenue followed a similar pattern of decrease then increase.  Cost efficiency, with the retained earnings to revenue ratio, also demonstrates dramatic fluctuations, declining from Q1 to Q3, then increasing.  SG&A expense ratios showed a slight, steady increase.  Investment efficiency, with retained earnings on assets, showed minor fluctuations.  Earning per share had substantial fluctuations, decreasing then increasing.