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 38.46 (%).Trend:Increase 242.78% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 17.73 (%).Trend:Decrease 53.9% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 11.03 (%).Trend:Decrease 37.79% than previous quarter

Overall: decreasing (-71.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 57.44 (%).Trend:Increase 223.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 26.81 (%).Trend:Decrease 53.33% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 18.38 (%).Trend:Decrease 31.44% than previous quarter

Overall: decreasing (-68.0%). 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 15.06 (%).Trend:Increase 225.27% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 7.77 (%).Trend:Decrease 48.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 5.48 (%).Trend:Decrease 29.47% than previous quarter

Overall: decreasing (-63.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 13.18 (%).Trend:Increase 6.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 14.36 (%).Trend:Increase 8.95% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.07 (%).Trend:Increase 4.94% than previous quarter

Overall: increasing (14.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.34 (USD).Trend:Decrease 29.47% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.47 (USD).Trend:Increase 84.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.62 (USD).Trend:Increase 46.56% than previous quarter

Overall: increasing (170.15%). Fluctuation: **Significant** (high variation).



Significant fluctuations are evident in working capital efficiency metrics. Liabilities on revenue decreased sharply from Q1 to Q3 2022, but increased substantially in Q1 2023. Current assets on revenue show a similar pattern of significant decrease and increase.  Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased significantly during the period.  Investment efficiency, indicated by retained earnings on assets, exhibited a steady, low-variance increase. Earnings per share showed significant volatility, increasing substantially in Q2 2022, decreasing dramatically in Q1 2023, and then slightly rising in Q3.