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 719700000000.0 (%).Trend:Increase 16.25% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 738500000000.0 (%).Trend:Increase 2.61% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 743800000000.0 (%).Trend:Increase 0.72% than previous quarter

Overall: increasing (3.35%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 747600000000.0 (%).Trend:Decrease 13.26% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 790800000000.0 (%).Trend:Increase 5.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 848900000000.0 (%).Trend:Increase 7.35% than previous quarter

Overall: increasing (13.55%). 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 2496100000000.0 (%).Trend:Increase 9.72% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 2602200000000.0 (%).Trend:Increase 4.25% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2715800000000.0 (%).Trend:Increase 4.37% than previous quarter

Overall: increasing (8.8%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 96.09 (%).Trend:Increase 10.42% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets 98.85 (%).Trend:Increase 2.87% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 101.55 (%).Trend:Increase 2.73% than previous quarter

Overall: increasing (5.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share 2.68 (USD).Trend:Decrease 64.31% than previous quarter
Year 2022 Quarter 2: Earning Per Share 5.17 (USD).Trend:Increase 92.91% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.6 (USD).Trend:Increase 47.0% than previous quarter

Overall: increasing (183.58%). Fluctuation: **Significant** (high variation).



Financial statement analysis reveals consistent upward trends in liability and asset percentages of revenue, with minor fluctuations. The retained earnings-to-revenue ratio shows a steady and modest increase of 8.8%, indicating improved cost efficiency. Investment efficiency is also improving steadily at 5.68%,  but earnings per share demonstrate substantial volatility, with a large increase (183.58%) over the period.  This suggests potential instability in profitability.