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 61389800000.0 (%).Trend:Decrease 58.44% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 70370800000.0 (%).Trend:Increase 14.63% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 90249500000.0 (%).Trend:Increase 28.25% than previous quarter

Overall: increasing (47.01%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 232225700000.0 (%).Trend:Decrease 24.18% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 237408500000.0 (%).Trend:Increase 2.23% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 254126700000.0 (%).Trend:Increase 7.04% than previous quarter

Overall: increasing (9.43%). 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 19332900000.0 (%).Trend:Increase 71.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 40456200000.0 (%).Trend:Increase 109.26% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 54615300000.0 (%).Trend:Increase 35.0% than previous quarter

Overall: increasing (182.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28911500000.0 (%).Trend:Increase 47.53% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9029900000.0 (%).Trend:Decrease 68.77% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18378800000.0 (%).Trend:Increase 103.53% than previous quarter

Overall: decreasing (-36.43%). 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 2.75 (%).Trend:Increase 90.97% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 5.56 (%).Trend:Increase 102.18% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 7.21 (%).Trend:Increase 29.68% than previous quarter

Overall: increasing (162.18%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 3.8 (USD).Trend:Increase 86.27% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.55 (USD).Trend:Decrease 32.89% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.43 (USD).Trend:Increase 112.94% than previous quarter

Overall: increasing (42.89%). Fluctuation: **Significant** (high variation).



Financial statement analysis of Q3 2021 to Q2 2022 reveals increasing trends in working capital efficiency, with liabilities on revenue increasing (47.01%) and current assets on revenue increasing (9.43%).  Cost efficiency, however, shows a decrease in SG&A expense ratio (-36.43%).  Invest efficiency shows a significant increase in retained earnings on assets (162.18%) and earning per share (42.89%), but with considerable fluctuations in all metrics.