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 58804600000.0 (%).Trend:Increase 16.84% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 63911400000.0 (%).Trend:Increase 8.68% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 64573400000.0 (%).Trend:Increase 1.04% than previous quarter

Overall: increasing (9.81%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 178092500000.0 (%).Trend:Increase 10.25% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 191167000000.0 (%).Trend:Increase 7.34% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 197399800000.0 (%).Trend:Increase 3.26% than previous quarter

Overall: increasing (10.84%). 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 21721400000.0 (%).Trend:Increase 88.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 29662900000.0 (%).Trend:Increase 36.56% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 37967200000.0 (%).Trend:Increase 28.0% than previous quarter

Overall: increasing (74.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10568500000.0 (%).Trend:Decrease 62.14% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20958500000.0 (%).Trend:Increase 98.31% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31180000000.0 (%).Trend:Increase 48.77% than previous quarter

Overall: increasing (195.03%). 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 6.77 (%).Trend:Increase 78.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.85 (%).Trend:Increase 30.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.09 (%).Trend:Increase 25.31% than previous quarter

Overall: increasing (63.81%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 16.95% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 132.65% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.8 (USD).Trend:Increase 57.89% than previous quarter

Overall: increasing (267.35%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2021 to Q3 2021 shows mostly positive trends in financial performance. Liabilities and current assets on revenue are increasing steadily.  Cost efficiency, as measured by retained earnings-to-revenue ratio, is increasing significantly.  SG&A expense ratio demonstrates a considerable increase, though with quarter-to-quarter variability. Investment efficiency shows an upward trend, as do earnings per share, although these are also subject to significant quarter-to-quarter fluctuations.  Further investigation is needed to discern the driving factors behind the observed trends.