Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 55839700000.0 (%).Trend:Increase 13.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 50160100000.0 (%).Trend:Decrease 10.17% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 48299600000.0 (%).Trend:Decrease 3.71% than previous quarter

Overall: decreasing (-13.5%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 71055100000.0 (%).Trend:Increase 17.16% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64573900000.0 (%).Trend:Decrease 9.12% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 63921400000.0 (%).Trend:Decrease 1.01% than previous quarter

Overall: decreasing (-10.04%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 61022400000.0 (%).Trend:Increase 8.5% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 61694300000.0 (%).Trend:Increase 1.1% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 63947200000.0 (%).Trend:Increase 3.65% than previous quarter

Overall: increasing (4.79%). Fluctuation: **Little** (low variation).

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

Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 36.37 (%).Trend:Increase 1.82% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 37.83 (%).Trend:Increase 4.01% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 39.18 (%).Trend:Increase 3.57% than previous quarter

Overall: increasing (7.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.9 (USD).Trend:Decrease 52.63% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.82 (USD).Trend:Increase 102.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.55 (USD).Trend:Increase 40.11% than previous quarter

Overall: increasing (183.33%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2021 to Q3 2021 shows a mixed performance. Liabilities and current assets on revenue decreased. Cost efficiency exhibits a consistent positive trend for the ratio of retained earnings to revenue. Investment efficiency shows continued growth. Earnings per share are highly variable with a strong overall increase.