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 316130000000.0 (%).Trend:Increase 32.76% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 313300000000.0 (%).Trend:Decrease 0.9% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 314040000000.0 (%).Trend:Increase 0.24% than previous quarter

Overall: decreasing (-0.66%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 216090000000.0 (%).Trend:Increase 5.28% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 232470000000.0 (%).Trend:Increase 7.58% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 241280000000.0 (%).Trend:Increase 3.79% than previous quarter

Overall: increasing (11.66%). 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 278000000000.0 (%).Trend:Increase 4.49% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 293360000000.0 (%).Trend:Increase 5.53% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 304840000000.0 (%).Trend:Increase 3.91% than previous quarter

Overall: increasing (9.65%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 100520000000.0 (%).Trend:Increase 48.28% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 68250000000.0 (%).Trend:Decrease 32.1% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 101060000000.0 (%).Trend:Increase 48.07% than previous quarter

Overall: increasing (0.54%). 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 21.58 (%).Trend:Increase 3.9% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.64 (%).Trend:Increase 4.91% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 23.56 (%).Trend:Increase 4.06% than previous quarter

Overall: increasing (9.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 2.09 (USD).Trend:Increase 62.02% than previous quarter
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Decrease 51.2% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 1.96% than previous quarter

Overall: decreasing (-52.15%). Fluctuation: **Significant** (high variation).



Financial analysis reveals a mixed picture from Q3 2021 to Q3 2022. Liabilities on revenue show a slight overall decrease with low variation. Current assets on revenue are increasing steadily, showing a consistent upward trend with low variation. Cost efficiency shows an increasing trend in the ratio of retained earnings to revenue with consistent low variation.  SG&A expenses show an overall increase with moderate fluctuation. Investment efficiency shows a consistent increase in retained earnings on assets with low fluctuation. Earnings per share, however, decreased significantly, with high variation.