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 75.45 (%).Trend:Increase 202.53% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.11 (%).Trend:Decrease 56.12% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.55 (%).Trend:Decrease 31.89% than previous quarter

Overall: decreasing (-70.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 110.08 (%).Trend:Increase 156.9% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 38.52 (%).Trend:Decrease 65.01% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.75 (%).Trend:Increase 0.6% than previous quarter

Overall: decreasing (-64.8%). 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 330.62 (%).Trend:Increase 162.5% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 149.34 (%).Trend:Decrease 54.83% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 94.73 (%).Trend:Decrease 36.57% than previous quarter

Overall: decreasing (-71.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 27.89 (%).Trend:Decrease 2.31% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 26.74 (%).Trend:Decrease 4.12% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.94 (%).Trend:Decrease 6.73% than previous quarter

Overall: decreasing (-10.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.39 (USD).Trend:Decrease 69.05% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.94 (USD).Trend:Increase 141.03% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 55.32% than previous quarter

Overall: increasing (274.36%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 shows significant volatility across key metrics. Liabilities on revenue decreased by 70.11%, while current assets on revenue decreased by 64.8%.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also declined substantially (-71.35%), with large variations. Investment efficiency, indicated by retained earnings on assets, declined by 10.58% with minimal fluctuation. Earnings per share (EPS), however, increased overall (274.36%) with large ups and downs across the quarters.