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 29764700000.0 (%).Trend:Decrease 0.35% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 23526700000.0 (%).Trend:Decrease 20.96% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26876700000.0 (%).Trend:Increase 14.24% than previous quarter

Overall: decreasing (-9.7%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 59880200000.0 (%).Trend:Increase 8.05% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 39602100000.0 (%).Trend:Decrease 33.86% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38157500000.0 (%).Trend:Decrease 3.65% than previous quarter

Overall: decreasing (-36.28%). 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 140834600000.0 (%).Trend:Increase 2.59% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 166417600000.0 (%).Trend:Increase 18.17% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 171812000000.0 (%).Trend:Increase 3.24% than previous quarter

Overall: increasing (22.0%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25216000000.0 (%).Trend:Increase 60.55% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17855300000.0 (%).Trend:Decrease 29.19% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26457100000.0 (%).Trend:Increase 48.18% than previous quarter

Overall: increasing (4.92%). Fluctuation: **Neutral** (moderate 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 20.41 (%).Trend:Increase 1.54% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 24.14 (%).Trend:Increase 18.28% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.78 (%).Trend:Increase 2.65% than previous quarter

Overall: increasing (21.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 37.73 (USD).Trend:Increase 29.83% than previous quarter
Year 2022 Quarter 2: Earning Per Share 40.24 (USD).Trend:Increase 6.65% than previous quarter
Year 2022 Quarter 3: Earning Per Share 52.47 (USD).Trend:Increase 30.39% than previous quarter

Overall: increasing (39.07%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q3 2021 to Q3 2022 reveal a mixed financial picture. Liabilities on revenue show a slight decrease overall, but with neutral fluctuations. Current assets on revenue are declining significantly with neutral fluctuation. Cost efficiency, measured by the retained earnings to revenue ratio, demonstrates a clear upward trend. SG&A expense ratio displays an increasing trend with moderate fluctuations. Investment efficiency, as measured by retained earnings on assets, is rising with little variation. Earnings per share are also consistently increasing.