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 64.17 (%).Trend:Increase 169.4% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 34.26 (%).Trend:Decrease 46.61% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.69 (%).Trend:Decrease 10.42% than previous quarter

Overall: decreasing (-52.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 223.34 (%).Trend:Increase 186.33% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 127.44 (%).Trend:Decrease 42.94% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 64.96 (%).Trend:Decrease 49.03% than previous quarter

Overall: decreasing (-70.91%). 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 232.9 (%).Trend:Increase 226.14% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 124.8 (%).Trend:Decrease 46.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 82.49 (%).Trend:Decrease 33.9% than previous quarter

Overall: decreasing (-64.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.35 (%).Trend:Increase 11.81% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.75 (%).Trend:Increase 6.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.99 (%).Trend:Decrease 3.2% than previous quarter

Overall: increasing (2.86%). 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 43.88 (%).Trend:Increase 15.56% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 44.99 (%).Trend:Increase 2.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 27.26 (%).Trend:Decrease 39.41% than previous quarter

Overall: decreasing (-37.88%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.86 (USD).Trend:Decrease 63.66% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.77 (USD).Trend:Increase 101.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.76 (USD).Trend:Increase 34.49% than previous quarter

Overall: increasing (171.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show a general declining trend in working capital efficiency, liabilities, and current assets relative to revenue. Cost efficiency exhibits a significant decrease in retained earnings to revenue. Investment efficiency demonstrates a negative trend in retained earnings on assets. Earnings per share present significant variation, increasing in Q3 after prior decreases and increases.