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 146700000000.0 (%).Trend:Increase 8.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 163700000000.0 (%).Trend:Increase 11.59% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 168600000000.0 (%).Trend:Increase 2.99% than previous quarter

Overall: increasing (14.93%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 273800000000.0 (%).Trend:Increase 3.99% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 312400000000.0 (%).Trend:Increase 14.1% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 314300000000.0 (%).Trend:Increase 0.61% than previous quarter

Overall: increasing (14.79%). 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 201100000000.0 (%).Trend:Increase 23.75% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 228200000000.0 (%).Trend:Increase 13.48% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 251500000000.0 (%).Trend:Increase 10.21% than previous quarter

Overall: increasing (25.06%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17400000000.0 (%).Trend:Decrease 64.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36200000000.0 (%).Trend:Increase 108.05% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54800000000.0 (%).Trend:Increase 51.38% than previous quarter

Overall: increasing (214.94%). 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 21.04 (%).Trend:Increase 21.69% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.87 (%).Trend:Increase 8.7% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.2 (%).Trend:Increase 10.19% than previous quarter

Overall: increasing (19.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.99 (USD).Trend:Decrease 135.16% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.84 (USD).Trend:Increase 143.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 7.36 (USD).Trend:Increase 52.07% than previous quarter

Overall: increasing (269.85%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 demonstrate generally positive trends across several key metrics.  Working capital efficiency is increasing with both liabilities and current assets on revenue showing positive growth, albeit with little fluctuation.  Cost efficiency reflects an increase in the retained earnings-to-revenue ratio (25.06%) but a substantial and fluctuating increase in the SG&A expense ratio (214.94%). Investment efficiency shows continued growth in retained earnings on assets (19.77%), presenting minimal fluctuation. Conversely, earnings per share see a major increase (269.85%), exhibiting substantial fluctuations. Overall, the data points to growth but emphasizes the need to control the substantial SG&A expense ratio volatility and address the potential variability in earnings per share.