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 736800000.0 (%).Trend:Increase 179.83% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 734700000.0 (%).Trend:Decrease 0.29% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1433100000.0 (%).Trend:Increase 95.06% than previous quarter

Overall: increasing (94.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 3073300000.0 (%).Trend:Decrease 20.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 4010800000.0 (%).Trend:Increase 30.5% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 4135800000.0 (%).Trend:Increase 3.12% than previous quarter

Overall: increasing (34.57%). Fluctuation: **Neutral** (moderate 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 -14575100000.0 (%).Trend:Increase 5.18% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -15168800000.0 (%).Trend:Increase 4.07% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -16326800000.0 (%).Trend:Increase 7.63% than previous quarter

Overall: decreasing (12.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -71.14 (%).Trend:Increase 4.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -68.3 (%).Trend:Decrease 3.99% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -71.27 (%).Trend:Increase 4.35% than previous quarter

Overall: decreasing (0.18%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q3 2020 to Q2 2021 reveals considerable fluctuations. Liabilities on revenue experienced a significant increase followed by a decrease and another increase. Current assets on revenue trended upward. The ratio of retained earnings to revenue decreased consistently. Investment efficiency also decreased with substantial variation.