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 7350600000.0 (%).Trend:Increase 24.54% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 8085200000.0 (%).Trend:Increase 9.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 7879300000.0 (%).Trend:Decrease 2.55% than previous quarter

Overall: increasing (7.19%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 17498300000.0 (%).Trend:Decrease 4.51% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 15900900000.0 (%).Trend:Decrease 9.13% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 14321100000.0 (%).Trend:Decrease 9.94% than previous quarter

Overall: decreasing (-18.16%). 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 2026200000.0 (%).Trend:Decrease 17.98% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -1629300000.0 (%).Trend:Decrease 180.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2503800000.0 (%).Trend:Increase 53.67% than previous quarter

Overall: decreasing (-223.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1697100000.0 (%).Trend:Decrease 43.9% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3437300000.0 (%).Trend:Increase 102.54% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5124100000.0 (%).Trend:Increase 49.07% than previous quarter

Overall: increasing (201.93%). 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 3.52 (%).Trend:Decrease 25.58% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -3.05 (%).Trend:Decrease 186.65% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -4.9 (%).Trend:Increase 60.66% than previous quarter

Overall: decreasing (-239.2%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 50.0% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.49 (USD).Trend:Increase 600.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.59 (USD).Trend:Increase 20.41% than previous quarter

Overall: decreasing (742.86%). Fluctuation: **Significant** (high variation).



Key findings show a slight increase in liabilities on revenue and a significant decrease in current assets on revenue from Q1 2022 to Q3 2022.  Cost efficiency is severely hampered by a large decrease in retained earnings to revenue and a substantial increase in SG&A expenses, both highly volatile.  Investment efficiency is weak; retained earnings on assets and earnings per share decreased significantly with high fluctuation.