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 1134000000000.0 (%).Trend:Increase 26.96% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1032100000000.0 (%).Trend:Decrease 8.99% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 975900000000.0 (%).Trend:Decrease 5.45% than previous quarter

Overall: decreasing (-13.94%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 1728500000000.0 (%).Trend:Increase 28.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 1755500000000.0 (%).Trend:Increase 1.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 1653400000000.0 (%).Trend:Decrease 5.82% than previous quarter

Overall: decreasing (-4.34%). 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 798200000000.0 (%).Trend:Increase 17.66% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 825900000000.0 (%).Trend:Increase 3.47% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 883000000000.0 (%).Trend:Increase 6.91% than previous quarter

Overall: increasing (10.62%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27100000000.0 (%).Trend:Decrease 72.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 56800000000.0 (%).Trend:Increase 109.59% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 89600000000.0 (%).Trend:Increase 57.75% than previous quarter

Overall: increasing (230.63%). 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 32.54 (%).Trend:Decrease 0.43% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 32.92 (%).Trend:Increase 1.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 36.63 (%).Trend:Increase 11.27% than previous quarter

Overall: increasing (12.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 5.86 (USD).Trend:Increase 44.69% than previous quarter
Year 2021 Quarter 2: Earning Per Share 8.35 (USD).Trend:Increase 42.49% than previous quarter
Year 2021 Quarter 3: Earning Per Share 12.91 (USD).Trend:Increase 54.61% than previous quarter

Overall: increasing (120.31%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 reveal a mixed picture. Liabilities and current assets on revenue show slight declines, while the ratio of retained earnings to revenue increases, suggesting potential cost efficiencies. Selling, general, and administrative expenses experience substantial fluctuations, indicating potential need for consistent cost control. Investment efficiency and earnings per share are consistently increasing, reflecting positive trends in profitability and investment strategies.  Overall, financial performance suggests a growing trend despite variability in expense management.