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 86425700000.0 (%).Trend:Increase 35.62% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 82015800000.0 (%).Trend:Decrease 5.1% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 102669600000.0 (%).Trend:Increase 25.18% than previous quarter

Overall: increasing (18.8%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 197031000000.0 (%).Trend:Increase 16.8% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 191076700000.0 (%).Trend:Decrease 3.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 189697900000.0 (%).Trend:Decrease 0.72% than previous quarter

Overall: decreasing (-3.72%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9585100000.0 (%).Trend:Decrease 61.85% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19198100000.0 (%).Trend:Increase 100.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29492600000.0 (%).Trend:Increase 53.62% than previous quarter

Overall: increasing (207.69%). 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
Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.61 (USD).Trend:Decrease 77.3% than previous quarter
Year 2022 Quarter 2: Earning Per Share 4.8 (USD).Trend:Increase 83.91% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.94 (USD).Trend:Increase 23.75% than previous quarter

Overall: increasing (127.59%). Fluctuation: **Significant** (high variation).



Financial statement analysis for the period Q1 2022 to Q3 2022 indicates a mixed financial performance.  Liabilities on revenue are increasing, fluctuating moderately. Current assets on revenue are decreasing slightly, showing little variation.  Cost efficiency, as measured by the SG&A expense ratio, is increasing significantly (207.69%) with large swings.  Investment efficiency, as measured by earnings per share, is also increasing substantially (127.59%), demonstrating high fluctuation.