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 65546600000.0 (%).Trend:Increase 8.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36237900000.0 (%).Trend:Decrease 44.71% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 36093800000.0 (%).Trend:Decrease 0.4% than previous quarter

Overall: decreasing (-44.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 30240000000.0 (%).Trend:Decrease 1.1% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 30558600000.0 (%).Trend:Increase 1.05% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 39340800000.0 (%).Trend:Increase 28.74% than previous quarter

Overall: increasing (30.1%). 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 45759600000.0 (%).Trend:Decrease 2.08% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 48411900000.0 (%).Trend:Increase 5.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53468500000.0 (%).Trend:Increase 10.44% than previous quarter

Overall: increasing (16.85%). Fluctuation: **Little** (low 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 13.18 (%).Trend:Decrease 1.13% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 13.64 (%).Trend:Increase 3.49% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 14.53 (%).Trend:Increase 6.52% than previous quarter

Overall: increasing (10.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 103.61% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.69 (USD).Trend:Decrease 1250.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.91 (USD).Trend:Increase 176.81% than previous quarter

Overall: increasing (-3283.33%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 financial statements show a significant decrease in liabilities on revenue, with high variation.  Current assets on revenue show an overall increase with moderate variation. The ratio of retained earnings to revenue shows an overall upward trend with low variation. Investment efficiency shows an increase with little variation.  Earnings per share show an increase from negative values in the first two quarters to positive in the third quarter, with significant variation.