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 130.02 (%).Trend:Increase 198.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 63.04 (%).Trend:Decrease 51.52% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 46.28 (%).Trend:Decrease 26.59% than previous quarter

Overall: decreasing (-64.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 113.18 (%).Trend:Increase 125.55% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 54.37 (%).Trend:Decrease 51.96% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 20.31 (%).Trend:Decrease 62.64% than previous quarter

Overall: decreasing (-82.06%). 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 106.51 (%).Trend:Increase 203.79% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 54.2 (%).Trend:Decrease 49.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 35.79 (%).Trend:Decrease 33.97% than previous quarter

Overall: decreasing (-66.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.58 (%).Trend:Increase 5.06% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 1.8% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.17 (%).Trend:Decrease 0.85% than previous quarter

Overall: decreasing (-2.63%). 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 13.64 (%).Trend:Increase 11.71% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 14.62 (%).Trend:Increase 7.18% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 14.36 (%).Trend:Decrease 1.78% than previous quarter

Overall: increasing (5.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 62.07% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.75 (USD).Trend:Increase 127.27% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.06 (USD).Trend:Increase 41.33% than previous quarter

Overall: increasing (221.21%). Fluctuation: **Significant** (high variation).



The financial statements indicate significant volatility in working capital efficiency, with liabilities and current assets on revenue exhibiting large fluctuations.  The retained earnings-to-revenue ratio displays similar volatility, suggesting potential issues with profitability. However, selling, general, and administrative (SG&A) expenses show a consistent downward trend. Investment efficiency, on the other hand, demonstrates a generally stable increase in retained earnings on assets.  Earnings per share also exhibit large swings, with considerable quarter-over-quarter variations.  These findings highlight the need for thorough analysis of the underlying factors driving these changes.