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).



Financial analysis from Q1 2021 to Q3 2021 reveals a continuing trend of growth in liabilities and current assets on revenue, though with a slight dip in current assets in Q3.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a slight overall decline.  Invest efficiency and earnings per share (EPS) both decreased; EPS showed significant fluctuation.