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 19763700000.0 (%).Trend:Decrease 6.5% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 21178900000.0 (%).Trend:Increase 7.16% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23127400000.0 (%).Trend:Increase 9.2% than previous quarter

Overall: increasing (17.02%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 34498000000.0 (%).Trend:Decrease 1.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 37810800000.0 (%).Trend:Increase 9.6% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41828000000.0 (%).Trend:Increase 10.62% than previous quarter

Overall: increasing (21.25%). 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 -20858700000.0 (%).Trend:Increase 11.12% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -20785400000.0 (%).Trend:Decrease 0.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -19859600000.0 (%).Trend:Decrease 4.45% than previous quarter

Overall: increasing (-4.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3646900000.0 (%).Trend:Decrease 61.12% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7235400000.0 (%).Trend:Increase 98.4% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11082300000.0 (%).Trend:Increase 53.17% than previous quarter

Overall: increasing (203.88%). 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 -20.89 (%).Trend:Increase 12.13% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -20.25 (%).Trend:Decrease 3.06% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -18.84 (%).Trend:Decrease 6.96% than previous quarter

Overall: increasing (-9.81%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 104.9% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.06 (USD).Trend:Increase 20.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.18 (USD).Trend:Increase 200.0% than previous quarter

Overall: increasing (260.0%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, liabilities on revenue increased significantly (17.02%), while current assets on revenue also increased considerably (21.25%).  Cost efficiency is a major concern; the ratio of retained earnings to revenue increased (-4.79%) with significant fluctuation.  The SG&A expense ratio increased dramatically (203.88%), with high volatility.  Investment efficiency, as measured by retained earnings on assets and earnings per share, improved significantly (-9.81% and 260% respectively), displaying significant fluctuation.