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 618400000000.0 (%).Trend:Increase 34.08% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 603400000000.0 (%).Trend:Decrease 2.43% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 465700000000.0 (%).Trend:Decrease 22.82% than previous quarter

Overall: decreasing (-24.69%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 920800000000.0 (%).Trend:Increase 14.9% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 1013600000000.0 (%).Trend:Increase 10.08% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 899700000000.0 (%).Trend:Decrease 11.24% than previous quarter

Overall: decreasing (-2.29%). 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 1630500000000.0 (%).Trend:Increase 3.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 1845300000000.0 (%).Trend:Increase 13.17% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 1911900000000.0 (%).Trend:Increase 3.61% than previous quarter

Overall: increasing (17.26%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 156300000000.0 (%).Trend:Increase 55.52% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56000000000.0 (%).Trend:Decrease 64.17% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 113900000000.0 (%).Trend:Increase 103.39% than previous quarter

Overall: decreasing (-27.13%). 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 45.72 (%).Trend:Increase 0.29% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 50.11 (%).Trend:Increase 9.6% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 53.26 (%).Trend:Increase 6.29% than previous quarter

Overall: increasing (16.49%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q3 2021 to Q2 2022 shows a mixed picture. Liabilities on revenue decreased, while current assets on revenue also showed a decrease. The ratio of retained earnings to revenue consistently increased, showing a positive trend.  The Selling, General & Administrative (SG&A) expense ratio had a substantial decrease, but high quarter-to-quarter variability. Investment efficiency demonstrates a continuous positive trend in retained earnings on assets.  Earnings per share trended upwards, but quarterly variations were significant.