Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 9347000000.0 (%).Trend:Increase 8.74% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 11481000000.0 (%).Trend:Increase 22.83% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 10168400000.0 (%).Trend:Decrease 11.43% than previous quarter

Overall: increasing (8.79%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 16685400000.0 (%).Trend:Increase 3.95% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 19362400000.0 (%).Trend:Increase 16.04% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 18760900000.0 (%).Trend:Decrease 3.11% than previous quarter

Overall: increasing (12.44%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -17477000000.0 (%).Trend:Increase 2.74% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -17357900000.0 (%).Trend:Decrease 0.68% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -17452700000.0 (%).Trend:Increase 0.55% than previous quarter

Overall: increasing (-0.14%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets -78.79 (%).Trend:Decrease 2.2% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -65.04 (%).Trend:Decrease 17.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -67.13 (%).Trend:Increase 3.21% than previous quarter

Overall: increasing (-14.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.1 (USD).Trend:Increase 900.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.12 (USD).Trend:Decrease 220.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.1 (USD).Trend:Decrease 16.67% than previous quarter

Overall: increasing (-200.0%). Fluctuation: **Significant** (high variation).



The financial statements from Q3 2021 to Q3 2022 show a mixed picture. Working capital efficiency demonstrates an overall increase with some quarterly fluctuations for both liabilities and current assets.  The ratio of retained earnings to revenue is increasing overall, but shows significant quarterly variation.  Investment efficiency shows an increase in retained earnings on assets, also with significant quarterly variation.  Earnings per share also show an increase overall, but exhibit large fluctuations.