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 343200000000.0 (%).Trend:Increase 35.81% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 263400000000.0 (%).Trend:Decrease 23.25% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 244200000000.0 (%).Trend:Decrease 7.29% than previous quarter

Overall: decreasing (-28.85%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 355500000000.0 (%).Trend:Increase 39.41% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 291600000000.0 (%).Trend:Decrease 17.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 283100000000.0 (%).Trend:Decrease 2.91% than previous quarter

Overall: decreasing (-20.37%). Fluctuation: **Neutral** (moderate 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 53100000000.0 (%).Trend:Decrease 772.15% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 67200000000.0 (%).Trend:Increase 26.55% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 80300000000.0 (%).Trend:Increase 19.49% than previous quarter

Overall: increasing (51.22%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34400000000.0 (%).Trend:Decrease 65.63% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 66800000000.0 (%).Trend:Increase 94.19% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 96600000000.0 (%).Trend:Increase 44.61% than previous quarter

Overall: increasing (180.81%). 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 5.7 (%).Trend:Decrease 712.9% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 7.78 (%).Trend:Increase 36.49% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 9.44 (%).Trend:Increase 21.34% than previous quarter

Overall: increasing (65.61%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 4.25 (USD).Trend:Increase 120.21% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.48 (USD).Trend:Increase 28.94% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.61 (USD).Trend:Increase 20.62% than previous quarter

Overall: increasing (55.53%). Fluctuation: **Neutral** (moderate variation).



Financial analysis for Q1 2022 to Q3 2022 shows a mixed financial performance.  Liabilities and current assets on revenue trend downward, despite fluctuations.  Cost efficiency metrics (ratio of retained earnings to revenue and SG&A expense ratios) demonstrate increasing trends with substantial volatility. Investment efficiency also increases overall.  Earnings per share display a sustained upward trend.