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 69.84 (%).Trend:Increase 245.06% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.03 (%).Trend:Decrease 51.27% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.29 (%).Trend:Decrease 40.38% than previous quarter

Overall: decreasing (-70.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 98.5 (%).Trend:Increase 225.19% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 48.43 (%).Trend:Decrease 50.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 30.47 (%).Trend:Decrease 37.08% than previous quarter

Overall: decreasing (-69.07%). 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 103.11 (%).Trend:Increase 171.13% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 50.49 (%).Trend:Decrease 51.03% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 33.31 (%).Trend:Decrease 34.03% than previous quarter

Overall: decreasing (-67.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.38 (%).Trend:Decrease 7.4% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.06 (%).Trend:Decrease 3.41% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.9 (%).Trend:Decrease 1.77% than previous quarter

Overall: decreasing (-5.12%). 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 46.73 (%).Trend:Decrease 5.88% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 46.69 (%).Trend:Decrease 0.09% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 47.86 (%).Trend:Increase 2.51% than previous quarter

Overall: increasing (2.42%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.46 (USD).Trend:Decrease 8.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 54.35% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 22.54% than previous quarter

Overall: increasing (89.13%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1-Q3 2022 shows substantial volatility across various metrics. Working capital efficiency, with liabilities and current assets on revenue, shows substantial decreases, fluctuating significantly. Cost efficiency, measured by retained earnings-to-revenue and SG&A, also shows significant decreases with high variation. Investment efficiency exhibits a slight uptrend in retained earnings on assets. Earnings per share shows a strong upward trend with significant quarter-to-quarter variation.