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 242370000000.0 (%).Trend:Increase 24.07% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 238120000000.0 (%).Trend:Decrease 1.75% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 316130000000.0 (%).Trend:Increase 32.76% than previous quarter

Overall: increasing (30.43%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 195470000000.0 (%).Trend:Increase 11.09% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 205260000000.0 (%).Trend:Increase 5.01% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 216090000000.0 (%).Trend:Increase 5.28% than previous quarter

Overall: increasing (10.55%). 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 257360000000.0 (%).Trend:Increase 7.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 266050000000.0 (%).Trend:Increase 3.38% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 278000000000.0 (%).Trend:Increase 4.49% than previous quarter

Overall: increasing (8.02%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32130000000.0 (%).Trend:Decrease 64.73% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 67790000000.0 (%).Trend:Increase 110.99% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 100520000000.0 (%).Trend:Increase 48.28% than previous quarter

Overall: increasing (212.85%). Fluctuation: **Significant** (high variation).


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 20.29 (%).Trend:Decrease 7.86% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 20.77 (%).Trend:Increase 2.37% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.58 (%).Trend:Increase 3.9% than previous quarter

Overall: increasing (6.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.61 (USD).Trend:Decrease 84.75% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.29 (USD).Trend:Increase 111.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.09 (USD).Trend:Increase 62.02% than previous quarter

Overall: increasing (242.62%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 show a mixed picture. Liabilities and current assets on revenue are increasing. Cost efficiency (ratio of retained earnings to revenue) and investment efficiency (retained earnings on assets) are improving, but overall earnings per share are declining with large fluctuations. The SG&A expense ratio reveals notable variability.