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 93.2 (%).Trend:Increase 174.04% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 43.41 (%).Trend:Decrease 53.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.14 (%).Trend:Decrease 39.78% than previous quarter

Overall: decreasing (-71.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 172.59 (%).Trend:Increase 207.05% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 82.76 (%).Trend:Decrease 52.05% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.18 (%).Trend:Decrease 39.37% than previous quarter

Overall: decreasing (-70.93%). 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 36.71 (%).Trend:Increase 235.56% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 13.91 (%).Trend:Decrease 62.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 11.01 (%).Trend:Decrease 20.85% than previous quarter

Overall: decreasing (-70.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.34 (%).Trend:Increase 5.4% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.43 (%).Trend:Decrease 10.41% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.83 (%).Trend:Decrease 3.65% than previous quarter

Overall: decreasing (-13.69%). 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 10.59 (%).Trend:Increase 13.63% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 8.96 (%).Trend:Decrease 15.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 11.51 (%).Trend:Increase 28.46% than previous quarter

Overall: increasing (8.69%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.62 (USD).Trend:Decrease 125.62% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.77 (USD).Trend:Increase 346.77% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.74 (USD).Trend:Increase 71.12% than previous quarter

Overall: increasing (664.52%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q3 2022 show high volatility in several key financial metrics. Liabilities on revenue and current assets on revenue experienced substantial decreases and increases. Cost efficiency, as measured by the retained earnings-to-revenue ratio, significantly decreased.  However, SG&A expense ratios exhibited a stable downward trend.  Investment efficiency showed modest increases and decreases. Earnings per share increased substantially from Q1 to Q3.