Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 40.59 (%).Trend:Decrease 29.68% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 49.41 (%).Trend:Increase 21.73% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.26 (%).Trend:Decrease 30.66% than previous quarter

Overall: decreasing (-15.59%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 182.4 (%).Trend:Decrease 32.36% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 178.69 (%).Trend:Decrease 2.03% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 123.44 (%).Trend:Decrease 30.92% than previous quarter

Overall: decreasing (-32.32%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -16.33 (%).Trend:Decrease 44.0% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -25.86 (%).Trend:Increase 58.36% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -8.49 (%).Trend:Decrease 67.17% than previous quarter

Overall: increasing (-48.01%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets -7.1 (%).Trend:Decrease 17.25% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -10.31 (%).Trend:Increase 45.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.06 (%).Trend:Decrease 50.92% than previous quarter

Overall: increasing (-28.73%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2021 to Q3 2022, liabilities on revenue decreased by 15.59% with moderate fluctuation. Current assets on revenue decreased by 32.32% with moderate variation.  However, the ratio of retained earnings to revenue increased by -48.01% and retained earnings on assets increased by -28.73%, both showing significant fluctuation.