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 148800000000.0 (%).Trend:Decrease 0.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 153140000000.0 (%).Trend:Increase 2.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 185050000000.0 (%).Trend:Increase 20.84% than previous quarter

Overall: increasing (24.36%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 398760000000.0 (%).Trend:Increase 10.52% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 379190000000.0 (%).Trend:Decrease 4.91% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 381630000000.0 (%).Trend:Increase 0.64% than previous quarter

Overall: decreasing (-4.3%). 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 215370000000.0 (%).Trend:Decrease 17.91% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 201740000000.0 (%).Trend:Decrease 6.33% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 190280000000.0 (%).Trend:Decrease 5.68% than previous quarter

Overall: decreasing (-11.65%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5760000000.0 (%).Trend:Decrease 67.86% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12450000000.0 (%).Trend:Increase 116.15% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21130000000.0 (%).Trend:Increase 69.72% than previous quarter

Overall: increasing (266.84%). 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 27.37 (%).Trend:Decrease 31.09% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 26.06 (%).Trend:Decrease 4.79% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 24.58 (%).Trend:Decrease 5.68% than previous quarter

Overall: decreasing (-10.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -1.65 (USD).Trend:Decrease 70.16% than previous quarter
Year 2021 Quarter 2: Earning Per Share -2.95 (USD).Trend:Increase 78.79% than previous quarter
Year 2021 Quarter 3: Earning Per Share -4.04 (USD).Trend:Increase 36.95% than previous quarter

Overall: decreasing (144.85%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 highlight a concerning financial picture. Liabilities on revenue are increasing, contrasting with decreasing current assets. Cost efficiency shows a consistent decline in retained earnings to revenue, while SG&A expense ratio exhibits significant volatility.  Investment efficiency shows a continuous decrease in retained earnings on assets. Earnings per share are consistently negative with significant volatility, suggesting ongoing challenges in profitability.  The data requires a thorough review to identify root causes and potential corrective actions.