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 9885600000.0 (%).Trend:Decrease 13.04% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 9436200000.0 (%).Trend:Decrease 4.55% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 4263400000.0 (%).Trend:Decrease 54.82% than previous quarter

Overall: decreasing (-56.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 22788000000.0 (%).Trend:Increase 2.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 22009400000.0 (%).Trend:Decrease 3.42% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 14247100000.0 (%).Trend:Decrease 35.27% than previous quarter

Overall: decreasing (-37.48%). Fluctuation: **Neutral** (moderate 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 -96684500000.0 (%).Trend:Increase 7.08% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -93480800000.0 (%).Trend:Decrease 3.31% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -87767600000.0 (%).Trend:Decrease 6.11% than previous quarter

Overall: increasing (-9.22%). Fluctuation: **Significant** (high 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 -81.91 (%).Trend:Increase 19.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -79.06 (%).Trend:Decrease 3.48% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -74.58 (%).Trend:Decrease 5.67% than previous quarter

Overall: increasing (-8.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 101.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 1520.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.17 (USD).Trend:Increase 167.9% than previous quarter

Overall: increasing (4240.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 financial data shows a worrying decline in working capital efficiency, with liabilities and current assets on revenue showing substantial decreases, and significant fluctuation. Cost efficiency, represented by the ratio of retained earnings to revenue, is declining. Invest efficiency (retained earnings on assets) is also showing a substantial decrease and high variability. Earning per share initially declined dramatically, before a substantial, yet volatile increase. The overall financial picture points to a concerning trend of significant instability and decreasing profitability.