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 30170000000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 32280000000.0 (%).Trend:Increase 6.99% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 39220000000.0 (%).Trend:Increase 21.5% than previous quarter

Overall: increasing (30.0%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 38500000000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 36400000000.0 (%).Trend:Decrease 5.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 37970000000.0 (%).Trend:Increase 4.31% than previous quarter

Overall: decreasing (-1.38%). Fluctuation: **Little** (low 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 -31300000000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -24460000000.0 (%).Trend:Decrease 21.85% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -19750000000.0 (%).Trend:Decrease 19.26% than previous quarter

Overall: increasing (-36.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18760000000.0 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6550000000.0 (%).Trend:Decrease 65.09% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13950000000.0 (%).Trend:Increase 112.98% than previous quarter

Overall: decreasing (-25.64%). 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 -8.55 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -6.84 (%).Trend:Decrease 20.0% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -5.36 (%).Trend:Decrease 21.64% than previous quarter

Overall: increasing (-37.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.31 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 14.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.71 (USD).Trend:Increase 141.96% than previous quarter

Overall: increasing (106.87%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a mixed financial performance. Liabilities and current assets on revenue are increasing and decreasing respectively, with moderate fluctuations.  Retained earnings to revenue, SG&A expenses, investment efficiency, and retained earnings on assets all show increasing trends, with high levels of variation. Earnings per share also exhibit a substantial increase, with notable fluctuations throughout the period.