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 35697400000.0 (%).Trend:Decrease 12.26% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 38976800000.0 (%).Trend:Increase 9.19% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34175500000.0 (%).Trend:Decrease 12.32% than previous quarter

Overall: decreasing (-4.26%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 46328500000.0 (%).Trend:Increase 0.19% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 51053400000.0 (%).Trend:Increase 10.2% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 46078200000.0 (%).Trend:Decrease 9.75% than previous quarter

Overall: decreasing (-0.54%). 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 17611300000.0 (%).Trend:Increase 5.18% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 16538900000.0 (%).Trend:Decrease 6.09% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 17074500000.0 (%).Trend:Increase 3.24% than previous quarter

Overall: decreasing (-3.05%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11393900000.0 (%).Trend:Increase 56.58% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8243700000.0 (%).Trend:Decrease 27.65% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12543800000.0 (%).Trend:Increase 52.16% than previous quarter

Overall: increasing (10.09%). 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 21.77 (%).Trend:Increase 12.62% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 21.87 (%).Trend:Increase 0.46% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.5 (%).Trend:Increase 12.03% than previous quarter

Overall: increasing (12.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.63 (USD).Trend:Increase 118.67% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.51 (USD).Trend:Decrease 30.85% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 59.36% than previous quarter

Overall: increasing (10.19%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q3 2021 to Q3 2022 indicates a complex situation. Liabilities and current assets on revenue decreased overall, though with fluctuating trends. Cost efficiency, measured by retained earnings ratios, shows a slight decline, while SG&A expense ratios fluctuated significantly. Investment efficiency and earnings per share had positive overall trends but with notable quarterly variations, suggesting ongoing operational adjustments are needed.