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 29021500000.0 (%).Trend:Decrease 11.83% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 26740200000.0 (%).Trend:Decrease 7.86% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28608600000.0 (%).Trend:Increase 6.99% than previous quarter

Overall: decreasing (-1.42%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 34697400000.0 (%).Trend:Increase 28.23% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 26908600000.0 (%).Trend:Decrease 22.45% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 20056400000.0 (%).Trend:Decrease 25.46% than previous quarter

Overall: decreasing (-42.2%). Fluctuation: **Significant** (high 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 178374000000.0 (%).Trend:Increase 10.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 183483500000.0 (%).Trend:Increase 2.86% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 190124500000.0 (%).Trend:Increase 3.62% than previous quarter

Overall: increasing (6.59%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9159900000.0 (%).Trend:Decrease 62.37% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18543700000.0 (%).Trend:Increase 102.44% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27465400000.0 (%).Trend:Increase 48.11% than previous quarter

Overall: increasing (199.84%). 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 122.33 (%).Trend:Increase 3.51% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 132.59 (%).Trend:Increase 8.39% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 144.24 (%).Trend:Increase 8.79% than previous quarter

Overall: increasing (17.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 4.08 (USD).Trend:Decrease 68.37% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.66 (USD).Trend:Increase 87.75% than previous quarter
Year 2021 Quarter 3: Earning Per Share 12.27 (USD).Trend:Increase 60.18% than previous quarter

Overall: increasing (200.74%). Fluctuation: **Significant** (high variation).



Analyzing the financial statements for Q1 2021 to Q3 2021, several key insights emerge. Working capital efficiency reveals a slight decline in liabilities on revenue, but a substantial decrease in current assets on revenue.  Cost efficiency shows a consistent rise in the retained earnings-to-revenue ratio with little variation, while the SG&A expense ratio experienced significant fluctuation, increasing substantially. Investment efficiency shows steady growth in retained earnings on assets, but earnings per share saw substantial fluctuations.