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 14660600000.0 (%).Trend:Increase 20.15% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 21185300000.0 (%).Trend:Increase 44.5% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 16266900000.0 (%).Trend:Decrease 23.22% than previous quarter

Overall: increasing (10.96%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 67670500000.0 (%).Trend:Decrease 14.92% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64573300000.0 (%).Trend:Decrease 4.58% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62694100000.0 (%).Trend:Decrease 2.91% than previous quarter

Overall: decreasing (-7.35%). 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 32825300000.0 (%).Trend:Increase 15.08% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 34093900000.0 (%).Trend:Increase 3.86% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35657400000.0 (%).Trend:Increase 4.59% than previous quarter

Overall: increasing (8.63%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3290400000.0 (%).Trend:Decrease 66.0% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6450000000.0 (%).Trend:Increase 96.02% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10275000000.0 (%).Trend:Increase 59.3% than previous quarter

Overall: increasing (212.27%). 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 19.86 (%).Trend:Increase 23.35% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 17.49 (%).Trend:Decrease 11.93% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 18.73 (%).Trend:Increase 7.09% than previous quarter

Overall: decreasing (-5.69%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1-Q3 2021 show a mixed picture. Liabilities on revenue increased overall, though there were quarterly fluctuations. Current assets on revenue decreased, showing a less efficient use of current assets. Cost efficiency displays a notable jump in SG&A expenses, followed by a large decrease in the final quarter. Retained earnings to revenue increased steadily, and retained earnings on assets had slight overall decline.  Further investigation is needed to determine the root causes of these trends.