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 35.91 (%).Trend:Increase 157.23% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 17.42 (%).Trend:Decrease 51.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 12.71 (%).Trend:Decrease 27.04% than previous quarter

Overall: decreasing (-64.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 87.77 (%).Trend:Increase 190.24% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 46.58 (%).Trend:Decrease 46.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 30.3 (%).Trend:Decrease 34.95% than previous quarter

Overall: decreasing (-65.48%). 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 4.98 (%).Trend:Decrease 151.45% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 5.97 (%).Trend:Increase 19.88% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 5.83 (%).Trend:Decrease 2.35% than previous quarter

Overall: increasing (17.07%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.74 (%).Trend:Decrease 32.5% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.56 (%).Trend:Increase 8.42% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.16 (%).Trend:Increase 5.68% than previous quarter

Overall: increasing (14.58%). 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 4.28 (%).Trend:Decrease 122.21% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 9.81 (%).Trend:Increase 129.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 14.38 (%).Trend:Increase 46.59% than previous quarter

Overall: increasing (235.98%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.67 (USD).Trend:Increase 12.08% than previous quarter
Year 2022 Quarter 2: Earning Per Share 3.08 (USD).Trend:Increase 84.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.02 (USD).Trend:Increase 30.52% than previous quarter

Overall: increasing (140.72%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2022 reveal a concerning trend of significant fluctuation in working capital efficiency. Liabilities and current assets on revenue exhibit considerable, oscillating decreases and increases.  Cost efficiency, as indicated by the ratio of retained earnings to revenue and SG&A expense ratio, shows a relatively stable upward trend.  Investment efficiency and earnings per share, however, demonstrate significant, unstable growth patterns.