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 6693633200.0 (%).Trend:Increase 157.98% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 8787982800.0 (%).Trend:Increase 31.29% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 8517397300.0 (%).Trend:Decrease 3.08% than previous quarter

Overall: increasing (27.25%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 2476956300.0 (%).Trend:Decrease 42.12% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 2783728400.0 (%).Trend:Increase 12.39% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 2532434500.0 (%).Trend:Decrease 9.03% than previous quarter

Overall: increasing (2.24%). 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 -27533726300.0 (%).Trend:Increase 186.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -29122442200.0 (%).Trend:Increase 5.77% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -27706048800.0 (%).Trend:Decrease 4.86% than previous quarter

Overall: decreasing (0.63%). 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 -41.07 (%).Trend:Increase 257.75% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -43.1 (%).Trend:Increase 4.94% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -40.83 (%).Trend:Decrease 5.27% than previous quarter

Overall: increasing (-0.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 86.13% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.35 (USD).Trend:Increase 84.21% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.21 (USD).Trend:Decrease 40.0% than previous quarter

Overall: decreasing (10.53%). Fluctuation: **Significant** (high variation).



Financial performance for Q1 2021 to Q3 2021 demonstrates an increase in liabilities on revenue with moderate variation, while current assets on revenue display a small increase with little fluctuation.  However, cost efficiency metrics, including the ratio of retained earnings to revenue, show a substantial overall decrease with significant volatility. Investment efficiency and earnings per share demonstrate similar trends of declining performance with high variability.  Overall, the financial picture is mixed, with some positive trends in working capital but significantly negative ones in profitability.