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 2594644700.0 (%).Trend:Increase 27.25% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 6693633200.0 (%).Trend:Increase 157.98% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 8787982800.0 (%).Trend:Increase 31.29% than previous quarter

Overall: increasing (238.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 4279262900.0 (%).Trend:Increase 7.62% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 2476956300.0 (%).Trend:Decrease 42.12% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 2783728400.0 (%).Trend:Increase 12.39% than previous quarter

Overall: decreasing (-34.95%). Fluctuation: **Significant** (high 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 -9601689300.0 (%).Trend:Increase 2.09% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -27533726300.0 (%).Trend:Increase 186.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -29122442200.0 (%).Trend:Increase 5.77% than previous quarter

Overall: decreasing (203.31%). 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 -11.48 (%).Trend:Increase 3.42% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -41.07 (%).Trend:Increase 257.75% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -43.1 (%).Trend:Increase 4.94% than previous quarter

Overall: decreasing (275.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.37 (USD).Trend:Increase 2.24% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 86.13% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.35 (USD).Trend:Increase 84.21% than previous quarter

Overall: increasing (-74.45%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal a significant and fluctuating trend in key financial indicators. Liabilities on revenue and current assets on revenue show substantial increases and decreases, respectively.  The ratio of retained earnings to revenue is consistently negative and highly variable.  Similarly, retained earnings on assets and earnings per share exhibit a significant decrease and high volatility.  These results need further contextualization to accurately interpret the financial health and performance.