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 76900000000.0 (%).Trend:Decrease 4.5% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 87550000000.0 (%).Trend:Increase 13.85% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 92050000000.0 (%).Trend:Increase 5.14% than previous quarter

Overall: increasing (19.7%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 124450000000.0 (%).Trend:Decrease 8.77% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 135530000000.0 (%).Trend:Increase 8.9% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 131780000000.0 (%).Trend:Decrease 2.77% than previous quarter

Overall: increasing (5.89%). 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 50440000000.0 (%).Trend:Increase 1.61% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 54140000000.0 (%).Trend:Increase 7.34% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 60310000000.0 (%).Trend:Increase 11.4% than previous quarter

Overall: increasing (19.57%). Fluctuation: **Little** (low 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 12.52 (%).Trend:Increase 5.65% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.48 (%).Trend:Increase 7.67% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 15.4 (%).Trend:Increase 14.24% than previous quarter

Overall: increasing (23.0%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -0.73 (USD).Trend:Decrease 31.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.01 (USD).Trend:Decrease 238.36% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.05 (USD).Trend:Increase 102.97% than previous quarter

Overall: increasing (-380.82%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal positive trends in working capital and cost efficiency, with both liabilities and retained earnings on revenue increasing steadily. Investment efficiency shows consistent growth in retained earnings on assets.  However, earnings per share show considerable volatility with large fluctuations.