Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 2180381500.0 (%).Trend:Increase 10.9% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 2828700000.0 (%).Trend:Increase 29.73% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 2864900000.0 (%).Trend:Increase 1.28% than previous quarter

Overall: increasing (31.39%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 4671273300.0 (%).Trend:Increase 13.52% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 4716700000.0 (%).Trend:Increase 0.97% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 5082700000.0 (%).Trend:Increase 7.76% than previous quarter

Overall: increasing (8.81%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 1502328700.0 (%).Trend:Increase 18.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 1617600000.0 (%).Trend:Increase 7.67% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 2023900000.0 (%).Trend:Increase 25.12% than previous quarter

Overall: increasing (34.72%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 892675100.0 (%).Trend:Increase 51.75% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 283800000.0 (%).Trend:Decrease 68.21% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 636700000.0 (%).Trend:Increase 124.35% than previous quarter

Overall: decreasing (-28.68%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets 20.1 (%).Trend:Increase 10.74% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 18.96 (%).Trend:Decrease 5.67% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 22.51 (%).Trend:Increase 18.72% than previous quarter

Overall: increasing (11.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 0.72 (USD).Trend:Increase 53.19% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 94.44% than previous quarter
Year 2022 Quarter 2: Earning Per Share 0.4 (USD).Trend:Increase 900.0% than previous quarter

Overall: decreasing (-44.44%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2021 to Q2 2022 shows increasing liabilities on revenue (31.39%) with moderate fluctuation. Current assets on revenue are also increasing (8.81%), with low variation. Cost efficiency, measured by the ratio of retained earnings to revenue, is increasing (34.72%) with moderate fluctuation. However, selling, general, and administrative (SG&A) expenses are decreasing (-28.68%) with significant fluctuation. Investment efficiency, as indicated by retained earnings on assets, is increasing (11.99%) with low variation. Earnings per share (EPS) are decreasing (-44.44%) with high variation.  Significant fluctuations in SG&A and EPS warrant further investigation into operational efficiency and profitability.