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 3373700000.0 (%).Trend:Decrease 74.1% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 4543300000.0 (%).Trend:Increase 34.67% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 5560800000.0 (%).Trend:Increase 22.4% than previous quarter

Overall: increasing (64.83%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 119595200000.0 (%).Trend:Increase 399.34% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 118913600000.0 (%).Trend:Decrease 0.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 112980500000.0 (%).Trend:Decrease 4.99% than previous quarter

Overall: decreasing (-5.53%). 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 -112430400000.0 (%).Trend:Increase 1.12% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -116530500000.0 (%).Trend:Increase 3.65% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -114876300000.0 (%).Trend:Decrease 1.42% than previous quarter

Overall: decreasing (2.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2613900000.0 (%).Trend:Decrease 52.34% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5519800000.0 (%).Trend:Increase 111.17% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8680400000.0 (%).Trend:Increase 57.26% than previous quarter

Overall: increasing (232.09%). 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 -89.74 (%).Trend:Decrease 75.76% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -93.54 (%).Trend:Increase 4.23% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -56.47 (%).Trend:Decrease 39.63% than previous quarter

Overall: increasing (-37.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.45 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.65 (USD).Trend:Increase 44.44% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.56 (USD).Trend:Decrease 13.85% than previous quarter

Overall: decreasing (24.44%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2021 shows a 64.83% increase in liabilities relative to revenue, contrasted by a 5.53% decrease in current assets relative to revenue.  Cost efficiency is marked by a 2.18% decrease in the retained earnings to revenue ratio and a substantial 232.09% increase in the SG&A expense ratio, both exhibiting significant volatility. Investment efficiency shows a concerning -37.07% change in retained earnings on assets and a -24.44% decrease in earnings per share, also fluctuating significantly.