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 52.35 (%).Trend:Increase 163.07% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 22.61 (%).Trend:Decrease 56.81% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.89 (%).Trend:Decrease 25.3% than previous quarter

Overall: decreasing (-67.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 135.76 (%).Trend:Increase 159.03% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 64.66 (%).Trend:Decrease 52.37% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 47.11 (%).Trend:Decrease 27.14% than previous quarter

Overall: decreasing (-65.3%). 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 151.11 (%).Trend:Increase 180.46% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 78.69 (%).Trend:Decrease 47.93% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 52.63 (%).Trend:Decrease 33.12% than previous quarter

Overall: decreasing (-65.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.27 (%).Trend:Decrease 4.88% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.37 (%).Trend:Increase 0.49% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.07 (%).Trend:Decrease 1.47% than previous quarter

Overall: decreasing (-0.99%). 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 58.5 (%).Trend:Increase 6.97% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 62.53 (%).Trend:Increase 6.89% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 60.7 (%).Trend:Decrease 2.93% than previous quarter

Overall: increasing (3.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.38 (USD).Trend:Decrease 37.56% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.86 (USD).Trend:Increase 107.25% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.63 (USD).Trend:Increase 61.89% than previous quarter

Overall: increasing (235.51%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant fluctuations in working capital efficiency. Liabilities on revenue decreased significantly in Q2 and Q3 of 2022, then increased substantially in Q1 of 2023. Current assets on revenue also saw a similar pattern of significant decreases followed by a significant increase. Cost efficiency, as reflected in the ratio of retained earnings to revenue, shows a similar pattern of significant decreases, but ending on an increase.  Selling, general, and administrative (SG&A) expenses show a small decreasing overall trend. Investment efficiency, measured by retained earnings on assets, demonstrates a slight but consistent increase over the observed period. Earnings per share demonstrate substantial fluctuations, with significant increases and decreases over the reported quarters.