Working Capital Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 3: Liabilities on Revenue 9565900000.0 (%).Trend:Decrease 8.64% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 10379100000.0 (%).Trend:Increase 8.5% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 11059400000.0 (%).Trend:Increase 6.55% than previous quarter

Overall: increasing (15.61%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 14216400000.0 (%).Trend:Increase 5.48% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 13446300000.0 (%).Trend:Decrease 5.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 14678700000.0 (%).Trend:Increase 9.17% than previous quarter

Overall: increasing (3.25%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 3275800000.0 (%).Trend:Increase 0.16% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 4051200000.0 (%).Trend:Increase 23.67% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4432400000.0 (%).Trend:Increase 9.41% than previous quarter

Overall: increasing (35.31%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2237000000.0 (%).Trend:Increase 55.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 565400000.0 (%).Trend:Decrease 74.73% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1122400000.0 (%).Trend:Increase 98.51% than previous quarter

Overall: decreasing (-49.83%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2020 to Quater 2 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 3: Retained Earning on Assets 10.76 (%).Trend:Decrease 5.53% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 14.02 (%).Trend:Increase 30.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.76 (%).Trend:Increase 5.28% than previous quarter

Overall: increasing (37.17%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial analysis for Q3 2020 to Q2 2021 shows a mixed financial health. Liabilities on revenue exhibit an increasing trend with low fluctuation. Current assets on revenue also exhibit an increasing trend with minimal variation. Cost efficiency displays a substantial increase in the retained earnings-to-revenue ratio, with moderate fluctuation. However, SG&A expense ratio displays a notable decrease with significant volatility. Investment efficiency shows a remarkable increase in retained earnings on assets, with moderate fluctuation.