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 1386000000000.0 (%).Trend:Increase 42.02% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 1310100000000.0 (%).Trend:Decrease 5.48% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 1056700000000.0 (%).Trend:Decrease 19.34% than previous quarter

Overall: decreasing (-23.76%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 2089000000000.0 (%).Trend:Increase 26.35% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 1973200000000.0 (%).Trend:Decrease 5.54% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 1719500000000.0 (%).Trend:Decrease 12.86% than previous quarter

Overall: decreasing (-17.69%). 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 958100000000.0 (%).Trend:Increase 8.51% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 969200000000.0 (%).Trend:Increase 1.16% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 998000000000.0 (%).Trend:Increase 2.97% than previous quarter

Overall: increasing (4.16%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30800000000.0 (%).Trend:Decrease 65.62% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 64200000000.0 (%).Trend:Increase 108.44% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 97900000000.0 (%).Trend:Increase 52.49% than previous quarter

Overall: increasing (217.86%). 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 33.36 (%).Trend:Decrease 8.93% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 35.35 (%).Trend:Increase 5.97% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 40.25 (%).Trend:Increase 13.86% than previous quarter

Overall: increasing (20.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 4.83 (USD).Trend:Decrease 62.59% than previous quarter
Year 2022 Quarter 2: Earning Per Share 6.08 (USD).Trend:Increase 25.88% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.59 (USD).Trend:Increase 41.28% than previous quarter

Overall: increasing (77.85%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 indicates mixed results. Working capital efficiency reveals a declining trend in both liabilities and current assets on revenue, despite moderate fluctuation. Cost efficiency shows a dramatic increase in SG&A expenses, though with significant fluctuation.  The ratio of retained earnings to revenue shows a sustained upward trend with minor fluctuations. Invest efficiency shows sustained upward growth in retained earnings on assets. Earnings per share also show strong upward growth, with considerable fluctuations in Q1 2022, followed by a recovery in Q2 and Q3 2022.