Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 3: Liabilities on Revenue 21932000000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 20008500000.0 (%).Trend:Decrease 8.77% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 20966100000.0 (%).Trend:Increase 4.79% than previous quarter

Overall: decreasing (-4.4%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 25039100000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 89006400000.0 (%).Trend:Increase 255.47% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 84526500000.0 (%).Trend:Decrease 5.03% than previous quarter

Overall: increasing (237.58%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -6278100000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -9784900000.0 (%).Trend:Increase 55.86% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1112900000.0 (%).Trend:Decrease 88.63% than previous quarter

Overall: increasing (-82.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24599600000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7891000000.0 (%).Trend:Decrease 67.92% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16300000000.0 (%).Trend:Increase 106.56% than previous quarter

Overall: decreasing (-33.74%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 3: Retained Earning on Assets -1.65 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -2.77 (%).Trend:Increase 67.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -0.32 (%).Trend:Decrease 88.45% than previous quarter

Overall: increasing (-80.61%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q3 2020 to Q2 2021 reveals significant fluctuations in key performance indicators (KPIs). Liabilities on revenue are slightly decreasing, while current assets on revenue show substantial increases and decreases. Cost efficiency metrics, like SG&A expense ratio and the ratio of retained earnings to revenue, demonstrate large variations, impacting overall cost efficiency. Investment efficiency, specifically retained earnings on assets, also exhibits dramatic swings.  These findings suggest volatile financial performance requiring further investigation.