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 124944800000.0 (%).Trend:Increase 1.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 131495600000.0 (%).Trend:Increase 5.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 142127200000.0 (%).Trend:Increase 8.09% than previous quarter

Overall: increasing (13.75%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 117991100000.0 (%).Trend:Increase 81.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 86782100000.0 (%).Trend:Decrease 26.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 94864700000.0 (%).Trend:Increase 9.31% than previous quarter

Overall: decreasing (-19.6%). 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 -334935600000.0 (%).Trend:Increase 4.44% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -356861500000.0 (%).Trend:Increase 6.55% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -372413900000.0 (%).Trend:Increase 4.36% than previous quarter

Overall: decreasing (11.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 127819100000.0 (%).Trend:Increase 47.38% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44960200000.0 (%).Trend:Decrease 64.83% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 89523800000.0 (%).Trend:Increase 99.12% than previous quarter

Overall: decreasing (-29.96%). 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 -20.47 (%).Trend:Increase 1.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -22.29 (%).Trend:Increase 8.89% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -23.17 (%).Trend:Increase 3.95% than previous quarter

Overall: decreasing (13.19%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2020 to Q2 2021 indicates increasing liabilities on revenue with little fluctuation.  Current assets on revenue, however, are decreasing overall with moderate fluctuation. Cost efficiency displays a substantial decrease in the ratio of retained earnings to revenue with high variation. The SG&A expense ratio is decreasing with significant variation, while investment efficiency shows a substantial decrease in retained earnings on assets with high variation.