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 63.05 (%).Trend:Increase 166.82% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 33.54 (%).Trend:Decrease 46.8% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.73 (%).Trend:Decrease 29.25% than previous quarter

Overall: decreasing (-62.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 116.67 (%).Trend:Increase 146.45% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 58.26 (%).Trend:Decrease 50.06% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.91 (%).Trend:Decrease 33.21% than previous quarter

Overall: decreasing (-66.65%). 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 14.34 (%).Trend:Decrease 1162.22% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 8.43 (%).Trend:Decrease 41.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 6.89 (%).Trend:Decrease 18.27% than previous quarter

Overall: decreasing (-51.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.73 (%).Trend:Decrease 11.63% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.6 (%).Trend:Decrease 0.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.18 (%).Trend:Decrease 2.69% than previous quarter

Overall: decreasing (-3.5%). 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 3.86 (%).Trend:Decrease 506.32% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 4.53 (%).Trend:Increase 17.36% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 5.56 (%).Trend:Increase 22.74% than previous quarter

Overall: increasing (44.04%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.48 (USD).Trend:Decrease 65.22% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.93 (USD).Trend:Increase 93.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.48 (USD).Trend:Increase 59.14% than previous quarter

Overall: increasing (208.33%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2022 to Q3 2022 show significant fluctuations. Liabilities on revenue are declining, with substantial changes. Current assets on revenue also demonstrate a declining trend, with high volatility. Cost efficiency shows a slight downward trend in SG&A expense ratio.  The ratio of retained earnings to revenue is declining. Investment efficiency shows an overall increasing trend, but with significant quarter-to-quarter fluctuation. Earnings per share are showing an overall increasing trend but with significant variations.