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 68.22 (%).Trend:Increase 189.31% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.33 (%).Trend:Decrease 49.68% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.87 (%).Trend:Decrease 33.38% than previous quarter

Overall: decreasing (-66.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 112.56 (%).Trend:Increase 198.96% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 57.06 (%).Trend:Decrease 49.31% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 37.88 (%).Trend:Decrease 33.61% than previous quarter

Overall: decreasing (-66.35%). 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 369.71 (%).Trend:Increase 210.71% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 179.92 (%).Trend:Decrease 51.33% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 121.99 (%).Trend:Decrease 32.2% than previous quarter

Overall: decreasing (-67.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.21 (%).Trend:Decrease 5.65% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.65 (%).Trend:Decrease 2.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.16 (%).Trend:Decrease 2.49% than previous quarter

Overall: decreasing (-5.2%). 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 61.17 (%).Trend:Increase 6.35% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 62.63 (%).Trend:Increase 2.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 65.13 (%).Trend:Increase 3.99% than previous quarter

Overall: increasing (6.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.94 (USD).Trend:Decrease 68.24% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.06 (USD).Trend:Increase 119.15% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 45.63% than previous quarter

Overall: increasing (219.15%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2022 indicates a mixed performance. Liabilities and current assets on revenue decreased substantially with high volatility.  Cost efficiency metrics, including the ratio of retained earnings to revenue, also saw significant declines, suggesting potentially problematic trends in profitability and sales management.  SG&A expense ratio showed a stable downward trend.  Conversely, retained earnings on assets and earnings per share showed positive, albeit fluctuating, growth patterns.