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 111.58 (%).Trend:Increase 285.29% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 60.44 (%).Trend:Decrease 45.83% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 38.59 (%).Trend:Decrease 36.15% than previous quarter

Overall: decreasing (-65.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 205.73 (%).Trend:Increase 257.73% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 104.07 (%).Trend:Decrease 49.41% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 71.03 (%).Trend:Decrease 31.75% than previous quarter

Overall: decreasing (-65.47%). 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 72.27 (%).Trend:Increase 257.6% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 35.63 (%).Trend:Decrease 50.7% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 23.59 (%).Trend:Decrease 33.79% than previous quarter

Overall: decreasing (-67.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.17 (%).Trend:Increase 4.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.3 (%).Trend:Increase 3.12% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.08 (%).Trend:Decrease 5.12% than previous quarter

Overall: decreasing (-2.16%). 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 25.23 (%).Trend:Increase 0.56% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 24.53 (%).Trend:Decrease 2.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.15 (%).Trend:Decrease 1.55% than previous quarter

Overall: decreasing (-4.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.1 (USD).Trend:Decrease 94.05% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.3 (USD).Trend:Increase 200.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.84 (USD).Trend:Increase 180.0% than previous quarter

Overall: increasing (740.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2022 to Q3 2022 shows overall negative trends for working capital efficiency (liabilities and current assets on revenue) and cost efficiency (retained earnings-to-revenue ratio).  There's considerable volatility in these metrics.  SG&A expense ratio displays a low level of fluctuation and a mild decrease. Investment efficiency, measured by retained earnings on assets, exhibits a consistent decreasing trend. Earnings per share (EPS) shows initial sharp declines in Q1 followed by substantial increases in subsequent quarters, with significant fluctuations.