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 9230700000000.0 (%).Trend:Decrease 0.19% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 8989200000000.0 (%).Trend:Decrease 2.62% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 8822400000000.0 (%).Trend:Decrease 1.86% than previous quarter

Overall: decreasing (-4.42%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 13101200000000.0 (%).Trend:Increase 0.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 11994500000000.0 (%).Trend:Decrease 8.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 11909500000000.0 (%).Trend:Decrease 0.71% than previous quarter

Overall: decreasing (-9.1%). 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 4702900000000.0 (%).Trend:Decrease 0.95% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 3807300000000.0 (%).Trend:Decrease 19.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 3866000000000.0 (%).Trend:Increase 1.54% than previous quarter

Overall: decreasing (-17.8%). Fluctuation: **Neutral** (moderate 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 29.16 (%).Trend:Increase 0.03% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 25.38 (%).Trend:Decrease 12.96% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.96 (%).Trend:Increase 2.29% than previous quarter

Overall: decreasing (-10.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -6.1 (USD).Trend:Increase 14.88% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.92 (USD).Trend:Decrease 84.92% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.09 (USD).Trend:Decrease 109.78% than previous quarter

Overall: increasing (-101.48%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2020 to Q2 2021 shows a negative trend in several financial metrics. Liabilities on revenue, current assets on revenue, and retained earnings ratios all decrease.  Retained earnings on assets experience a similar downward trend with fluctuations. Earnings per share show mixed signs with a large decrease but some slight upward movements. The overall picture indicates ongoing financial challenges requiring further review.