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 1998900000.0 (%).Trend:Increase 2.25% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 2607600000.0 (%).Trend:Increase 30.45% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 2719500000.0 (%).Trend:Increase 4.29% than previous quarter

Overall: increasing (36.05%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 17906500000.0 (%).Trend:Increase 0.51% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 17172000000.0 (%).Trend:Decrease 4.1% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 14908600000.0 (%).Trend:Decrease 13.18% than previous quarter

Overall: decreasing (-16.74%). 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 -43019500000.0 (%).Trend:Increase 16.69% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -46669300000.0 (%).Trend:Increase 8.48% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -49482000000.0 (%).Trend:Increase 6.03% than previous quarter

Overall: decreasing (15.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2769900000.0 (%).Trend:Decrease 49.27% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5568500000.0 (%).Trend:Increase 101.04% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8103400000.0 (%).Trend:Increase 45.52% than previous quarter

Overall: increasing (192.55%). Fluctuation: **Significant** (high variation).


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 -187.18 (%).Trend:Increase 14.29% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -216.6 (%).Trend:Increase 15.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -255.31 (%).Trend:Increase 17.87% than previous quarter

Overall: decreasing (36.4%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2021 data reveals a concerning financial picture. Liabilities on revenue increased by 36.05%, while current assets on revenue decreased by -16.74%.  Cost efficiency metrics are severely negative.  Retained earnings to revenue decreased by 15.02% and SG&A expenses increased by a massive 192.55%.  Investment efficiency also deteriorated with a 36.4% decrease in retained earnings on assets.  All metrics showed significant fluctuation.