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 65.48 (%).Trend:Increase 168.47% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.4 (%).Trend:Decrease 48.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.98 (%).Trend:Decrease 34.19% than previous quarter

Overall: decreasing (-66.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 76.31 (%).Trend:Increase 116.18% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 39.34 (%).Trend:Decrease 48.45% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 26.57 (%).Trend:Decrease 32.46% than previous quarter

Overall: decreasing (-65.18%). 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 48.66 (%).Trend:Increase 156.78% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 25.5 (%).Trend:Decrease 47.6% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 17.62 (%).Trend:Decrease 30.9% than previous quarter

Overall: decreasing (-63.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.91 (%).Trend:Decrease 33.42% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.08 (%).Trend:Increase 2.15% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.08 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (2.15%). 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 20.91 (%).Trend:Decrease 5.13% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 21.32 (%).Trend:Increase 1.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 22.17 (%).Trend:Increase 3.99% than previous quarter

Overall: increasing (6.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 18.25% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.85 (USD).Trend:Increase 65.18% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.7 (USD).Trend:Increase 45.95% than previous quarter

Overall: increasing (141.07%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2022 to Q3 2022 reveals significant volatility across various metrics. Working capital efficiency deteriorated sharply, with liabilities on revenue and current assets on revenue declining substantially, though with significant increases in Q1 2023. Cost efficiency, measured by the ratio of retained earnings to revenue, declined markedly.  SG&A expenses showed minor fluctuations. Investment efficiency, as measured by retained earnings on assets, was stable. Earnings per share showed substantial fluctuations, indicating periods of strong growth followed by significant declines.  The data indicates a period of significant instability in financial performance.