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 73.03 (%).Trend:Increase 192.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 37.53 (%).Trend:Decrease 48.61% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.18 (%).Trend:Decrease 35.57% than previous quarter

Overall: decreasing (-66.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 191.93 (%).Trend:Increase 211.93% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 102.59 (%).Trend:Decrease 46.55% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 77.56 (%).Trend:Decrease 24.4% than previous quarter

Overall: decreasing (-59.59%). 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 -172.9 (%).Trend:Increase 95.41% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -74.07 (%).Trend:Decrease 57.16% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -43.5 (%).Trend:Decrease 41.27% than previous quarter

Overall: increasing (-74.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.8 (%).Trend:Decrease 50.43% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.38 (%).Trend:Decrease 7.24% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.6 (%).Trend:Increase 4.09% than previous quarter

Overall: decreasing (-3.45%). 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 -42.68 (%).Trend:Decrease 31.6% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -35.65 (%).Trend:Decrease 16.47% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -28.7 (%).Trend:Decrease 19.5% than previous quarter

Overall: increasing (-32.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.47 (USD).Trend:Decrease 48.91% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.92 (USD).Trend:Increase 95.74% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.28 (USD).Trend:Increase 39.13% than previous quarter

Overall: increasing (172.34%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 to Q3 2022 highlights significant volatility in various financial metrics.  Liabilities and current assets on revenue show decreasing trends with substantial fluctuations, indicating instability.  Cost efficiency, measured by the ratio of retained earnings to revenue, is increasing but is volatile.  Selling, general, and administrative (SG&A) expenses show a downward trend, but with little fluctuation.  Investment efficiency (retained earnings on assets) and earnings per share demonstrate an increasing trend, yet are characterized by significant fluctuations.