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 58354800000.0 (%).Trend:Decrease 6.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 59033700000.0 (%).Trend:Increase 1.16% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 54550200000.0 (%).Trend:Decrease 7.59% than previous quarter

Overall: decreasing (-6.52%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 139368500000.0 (%).Trend:Increase 9.91% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 140884900000.0 (%).Trend:Increase 1.09% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 138460800000.0 (%).Trend:Decrease 1.72% than previous quarter

Overall: decreasing (-0.65%). 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 53929400000.0 (%).Trend:Decrease 3.31% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 59561300000.0 (%).Trend:Increase 10.44% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 69172200000.0 (%).Trend:Increase 16.14% than previous quarter

Overall: increasing (28.26%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10306600000.0 (%).Trend:Decrease 67.17% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20826900000.0 (%).Trend:Increase 102.07% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31874700000.0 (%).Trend:Increase 53.05% than previous quarter

Overall: increasing (209.26%). 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 17.96 (%).Trend:Increase 7.42% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 19.68 (%).Trend:Increase 9.58% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 23.37 (%).Trend:Increase 18.75% than previous quarter

Overall: increasing (30.12%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 68.5% than previous quarter
Year 2022 Quarter 2: Earning Per Share 2.12 (USD).Trend:Increase 165.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 88.68% than previous quarter

Overall: increasing (400.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2022 to Q3 2022 demonstrates trends in liabilities-to-revenue (decreasing slightly), current assets-to-revenue (decreasing), ratio of retained earnings to revenue (increasing), SG&A expense ratios (increasing significantly), investment efficiency (increasing), retained earnings on assets (increasing), and earnings per share (increasing significantly).  Slight fluctuations are seen in revenue-related liabilities and current assets.  Retained earnings and asset ratios are increasing, while significant changes exist in SG&A and earnings per share.  Additional analysis is needed for conclusions.