Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 38736300000.0 (%).Trend:Increase 22.35% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 36307500000.0 (%).Trend:Decrease 6.27% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 47481300000.0 (%).Trend:Increase 30.78% than previous quarter

Overall: increasing (22.58%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 72944200000.0 (%).Trend:Increase 48.49% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 68076000000.0 (%).Trend:Decrease 6.67% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 50524400000.0 (%).Trend:Decrease 25.78% than previous quarter

Overall: decreasing (-30.74%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -52670600000.0 (%).Trend:Decrease 5.38% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -47976400000.0 (%).Trend:Decrease 8.91% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -46919500000.0 (%).Trend:Decrease 2.2% than previous quarter

Overall: increasing (-10.92%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets -14.54 (%).Trend:Decrease 10.58% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -13.59 (%).Trend:Decrease 6.53% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -14.32 (%).Trend:Increase 5.37% than previous quarter

Overall: increasing (-1.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share -0.67 (USD).Trend:Decrease 27.17% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 123.88% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.25 (USD).Trend:Increase 56.25% than previous quarter

Overall: increasing (-137.31%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2021 to Q2 2022 present a mixed picture of performance. Liabilities on revenue show an increasing trend with fluctuations, while current assets on revenue show a decreasing trend, also with fluctuations. Cost efficiency, determined by retained earnings to revenue, continues a decreasing trend with significant variability. Investment efficiency, as measured by retained earnings on assets, demonstrates a modest increase with significant variability.  Earnings per share show a concerning pattern of decrease with highly variable results.  A deeper understanding of the influencing factors is needed.