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 1230700000000.0 (%).Trend:Increase 51.53% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1421400000000.0 (%).Trend:Increase 15.5% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 1431300000000.0 (%).Trend:Increase 0.7% than previous quarter

Overall: increasing (16.3%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 1759100000000.0 (%).Trend:Increase 14.06% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 1937200000000.0 (%).Trend:Increase 10.12% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 1879000000000.0 (%).Trend:Decrease 3.0% than previous quarter

Overall: increasing (6.82%). 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 2784900000000.0 (%).Trend:Decrease 6.27% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 2761000000000.0 (%).Trend:Decrease 0.86% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 2767300000000.0 (%).Trend:Increase 0.23% than previous quarter

Overall: decreasing (-0.63%). 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 51.94 (%).Trend:Decrease 9.56% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 49.79 (%).Trend:Decrease 4.14% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 50.6 (%).Trend:Increase 1.63% than previous quarter

Overall: decreasing (-2.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.73 (USD).Trend:Decrease 33.97% than previous quarter
Year 2021 Quarter 2: Earning Per Share -1.34 (USD).Trend:Decrease 22.54% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.2 (USD).Trend:Decrease 85.07% than previous quarter

Overall: increasing (-88.44%). Fluctuation: **Significant** (high variation).



The financial analysis from Q1 2021 to Q3 2021 reveals mixed results.  Liabilities and current assets on revenue showed increasing trends, albeit with some variation. Cost efficiency, measured by the ratio of retained earnings to revenue, decreased marginally. Invest efficiency and earnings per share (EPS) also decreased, though EPS showed significant fluctuation.