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 219966400000.0 (%).Trend:Increase 7.51% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 224217800000.0 (%).Trend:Increase 1.93% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 209520000000.0 (%).Trend:Decrease 6.56% than previous quarter

Overall: decreasing (-4.75%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 316827500000.0 (%).Trend:Decrease 8.64% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 323039600000.0 (%).Trend:Increase 1.96% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 310980500000.0 (%).Trend:Decrease 3.73% than previous quarter

Overall: decreasing (-1.85%). Fluctuation: **Little** (low 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 502900300000.0 (%).Trend:Increase 5.14% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 532285900000.0 (%).Trend:Increase 5.84% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 545513400000.0 (%).Trend:Increase 2.49% than previous quarter

Overall: increasing (8.47%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 73457700000.0 (%).Trend:Decrease 65.8% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 151243700000.0 (%).Trend:Increase 105.89% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 228460400000.0 (%).Trend:Increase 51.05% than previous quarter

Overall: increasing (211.01%). Fluctuation: **Significant** (high 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 65.42 (%).Trend:Increase 5.93% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 67.64 (%).Trend:Increase 3.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 68.95 (%).Trend:Increase 1.94% than previous quarter

Overall: increasing (5.4%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 1.66 (USD).Trend:Decrease 75.37% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.21 (USD).Trend:Increase 213.86% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.32 (USD).Trend:Increase 40.5% than previous quarter

Overall: increasing (340.96%). Fluctuation: **Significant** (high variation).



This financial analysis covers Q1 2022 to Q3 2022.  Key findings indicate a slight decrease in liabilities on revenue (-4.75%) and current assets on revenue (-1.85%), both with low fluctuation.  Conversely, a significant increase is observed in the ratio of retained earnings to revenue (8.47%) and earnings per share (340.96%), while SG&A expenses show a substantial increase (211.01%) with high fluctuation. Retained earnings on assets also increased (5.4%) with low fluctuation.