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 263010000000.0 (%).Trend:Decrease 2.48% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 320510000000.0 (%).Trend:Increase 21.86% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 340690000000.0 (%).Trend:Increase 6.3% than previous quarter

Overall: increasing (29.53%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 648350000000.0 (%).Trend:Decrease 22.6% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 624940000000.0 (%).Trend:Decrease 3.61% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 636730000000.0 (%).Trend:Increase 1.89% than previous quarter

Overall: decreasing (-1.79%). 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 1590520000000.0 (%).Trend:Increase 3.28% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 1607590000000.0 (%).Trend:Increase 1.07% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 1629790000000.0 (%).Trend:Increase 1.38% than previous quarter

Overall: increasing (2.47%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23280000000.0 (%).Trend:Decrease 62.83% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45980000000.0 (%).Trend:Increase 97.51% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 67670000000.0 (%).Trend:Increase 47.17% than previous quarter

Overall: increasing (190.68%). 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 58.64 (%).Trend:Decrease 0.03% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 58.56 (%).Trend:Decrease 0.14% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 59.29 (%).Trend:Increase 1.25% than previous quarter

Overall: increasing (1.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.53 (USD).Trend:Decrease 62.35% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.91 (USD).Trend:Increase 94.07% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.54 (USD).Trend:Increase 53.56% than previous quarter

Overall: increasing (198.02%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2022 to Q3 2022 reveals a mixed picture. Liabilities on revenue are increasing, with moderate fluctuation. Current assets on revenue are decreasing slightly. Cost efficiency, measured by the retained earnings to revenue ratio, is increasing steadily.  SG&A expense ratios show a substantial overall increase with substantial variation. Investment efficiency (retained earnings on assets) is slightly positive with little fluctuation. Earnings per share are increasing significantly but demonstrate considerable volatility.