Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 9899600000.0 (%).Trend:Increase 5.62% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 9687900000.0 (%).Trend:Decrease 2.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 12160700000.0 (%).Trend:Increase 25.52% than previous quarter

Overall: increasing (22.84%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 43611800000.0 (%).Trend:Decrease 4.06% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 43746900000.0 (%).Trend:Increase 0.31% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 41350400000.0 (%).Trend:Decrease 5.48% than previous quarter

Overall: decreasing (-5.19%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -88883200000.0 (%).Trend:Increase 2.81% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -98072900000.0 (%).Trend:Increase 10.34% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -103146500000.0 (%).Trend:Increase 5.17% than previous quarter

Overall: decreasing (16.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12295200000.0 (%).Trend:Increase 48.43% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8001300000.0 (%).Trend:Decrease 34.92% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11912900000.0 (%).Trend:Increase 48.89% than previous quarter

Overall: decreasing (-3.11%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 3 in 2021 to Quater 3 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets -88.11 (%).Trend:Increase 3.02% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -96.66 (%).Trend:Increase 9.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -101.05 (%).Trend:Increase 4.54% than previous quarter

Overall: decreasing (14.69%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2021 to Q3 2022 reveal trends in working capital, cost, and investment efficiency. Liabilities on revenue are increasing, while current assets on revenue are decreasing, which is a concern for working capital management.  The ratio of retained earnings to revenue shows a substantial decrease with high volatility.  SG&A expense ratios show a modest decline, but substantial quarterly swings.  Investment efficiency (retained earnings on assets) shows a substantial and significant decline.