Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 3: Liabilities on Revenue 1795926600.0 (%).Trend:Increase 23.13% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1634609000.0 (%).Trend:Decrease 8.98% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1128978600.0 (%).Trend:Decrease 30.93% than previous quarter

Overall: decreasing (-37.14%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 9034683400.0 (%).Trend:Increase 104.82% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 23666205000.0 (%).Trend:Increase 161.95% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 21587253700.0 (%).Trend:Decrease 8.78% than previous quarter

Overall: increasing (138.94%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -27216259600.0 (%).Trend:Increase 6.42% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -11818479000.0 (%).Trend:Decrease 56.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -13400000000.0 (%).Trend:Increase 13.38% than previous quarter

Overall: increasing (-50.76%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 3: Retained Earning on Assets -297.12 (%).Trend:Decrease 47.31% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -49.77 (%).Trend:Decrease 83.25% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -61.47 (%).Trend:Increase 23.51% than previous quarter

Overall: increasing (-79.31%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2020 to Q2 2021 reveal an uneven financial picture. Liabilities on revenue trend downward with moderate variation.  Current assets on revenue show a significant increase with significant fluctuation. Cost efficiency demonstrates a largely declining trend in the ratio of retained earnings to revenue with considerable variation.  Investment efficiency also shows a decline in retained earnings on assets with large fluctuations.  Careful examination is needed to understand the underlying drivers.