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 93.23 (%).Trend:Increase 148.61% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.87 (%).Trend:Decrease 46.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.82 (%).Trend:Decrease 38.2% than previous quarter

Overall: decreasing (-66.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 195.13 (%).Trend:Increase 159.31% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 96.47 (%).Trend:Decrease 50.56% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 64.34 (%).Trend:Decrease 33.31% than previous quarter

Overall: decreasing (-67.03%). 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 161.33 (%).Trend:Increase 179.94% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 88.15 (%).Trend:Decrease 45.36% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.25 (%).Trend:Decrease 30.52% than previous quarter

Overall: decreasing (-62.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.76 (%).Trend:Decrease 14.41% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.77 (%).Trend:Increase 0.17% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.97 (%).Trend:Increase 3.47% than previous quarter

Overall: increasing (3.65%). 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 30.88 (%).Trend:Increase 13.45% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 33.48 (%).Trend:Increase 8.42% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 34.0 (%).Trend:Increase 1.55% than previous quarter

Overall: increasing (10.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.97 (USD).Trend:Increase 203.08% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.77 (USD).Trend:Increase 91.37% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.84 (USD).Trend:Increase 1.86% than previous quarter

Overall: increasing (94.92%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2022 - Q3 2022 reveals significant decreases in key working capital metrics (Liabilities and Current Assets on Revenue) and the Ratio of Retained Earnings to Revenue.  Conversely, SG&A expenses increased moderately, exhibiting low variation. Retained Earnings on Assets and Earnings Per Share showed overall increases.