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 4534300000.0 (%).Trend:Increase 27.45% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 9177600000.0 (%).Trend:Increase 102.4% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 9749800000.0 (%).Trend:Increase 6.23% than previous quarter

Overall: increasing (115.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 19826900000.0 (%).Trend:Increase 9.21% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 26983200000.0 (%).Trend:Increase 36.09% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 27084500000.0 (%).Trend:Increase 0.38% than previous quarter

Overall: increasing (36.6%). Fluctuation: **Neutral** (moderate 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 15763300000.0 (%).Trend:Increase 3.24% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 17313600000.0 (%).Trend:Increase 9.83% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 18309200000.0 (%).Trend:Increase 5.75% than previous quarter

Overall: increasing (16.15%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1772900000.0 (%).Trend:Increase 45.71% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1949500000.0 (%).Trend:Increase 9.96% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3014900000.0 (%).Trend:Increase 54.65% than previous quarter

Overall: increasing (70.05%). Fluctuation: **Significant** (high variation).


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 41.38 (%).Trend:Decrease 1.31% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 29.52 (%).Trend:Decrease 28.66% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 31.22 (%).Trend:Increase 5.76% than previous quarter

Overall: decreasing (-24.55%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.94 (USD).Trend:Increase 113.64% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.34 (USD).Trend:Increase 42.55% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.34 (USD).Trend:Increase 74.63% than previous quarter

Overall: increasing (148.94%). Fluctuation: **Significant** (high variation).



The financial performance from Q3 2021 to Q3 2022 shows a mixed picture. Liabilities on Revenue increased significantly (115.02%) with high variation, while Current Assets on Revenue increased (36.6%) with moderate variation. Cost efficiency is positive with increasing Retained Earnings to Revenue (16.15%) and little fluctuation, but SG&A Expense Ratio increased substantially (70.05%) with significant fluctuation. Investment efficiency shows decreasing Retained Earning on Assets (-24.55%) with moderate fluctuation. Earnings Per Share increased significantly (148.94%) but with significant fluctuation. The company is growing, but needs to manage liabilities and control expenses.