Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 1634609000.0 (%).Trend:Decrease 8.98% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1128978600.0 (%).Trend:Decrease 30.93% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 1006442700.0 (%).Trend:Decrease 10.85% than previous quarter

Overall: decreasing (-38.43%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 23666205000.0 (%).Trend:Increase 161.95% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 21587253700.0 (%).Trend:Decrease 8.78% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 20505631900.0 (%).Trend:Decrease 5.01% than previous quarter

Overall: decreasing (-13.35%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -11818479000.0 (%).Trend:Decrease 56.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -13400000000.0 (%).Trend:Increase 13.38% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -14540000000.0 (%).Trend:Increase 8.51% than previous quarter

Overall: decreasing (23.03%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets -49.77 (%).Trend:Decrease 83.25% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -61.47 (%).Trend:Increase 23.51% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -70.21 (%).Trend:Increase 14.22% than previous quarter

Overall: decreasing (41.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.55 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.32 (USD).Trend:Decrease 9.02% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.15 (USD).Trend:Decrease 7.33% than previous quarter

Overall: decreasing (-15.69%). Fluctuation: **Little** (low variation).



The provided financial statement responses for Q1-Q3 2021 indicate a mixed picture. Liabilities on revenue decreased considerably, while current assets on revenue also decreased, albeit less drastically.  However, the ratio of retained earnings to revenue exhibited a significant decrease and high variability, suggesting potential issues with cost efficiency.  Similarly, investment efficiency, as measured by retained earnings on assets, declined substantially and showed high fluctuation. Earnings per share declined by a smaller, yet still concerning, margin.  Further investigation is needed to identify the underlying causes of these trends.