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 13659600000.0 (%).Trend:Decrease 55.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 13052100000.0 (%).Trend:Decrease 4.45% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 27985100000.0 (%).Trend:Increase 114.41% than previous quarter

Overall: increasing (104.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 31276100000.0 (%).Trend:Increase 52.84% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 32243100000.0 (%).Trend:Increase 3.09% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 34553400000.0 (%).Trend:Increase 7.17% than previous quarter

Overall: increasing (10.48%). 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 -63265200000.0 (%).Trend:Increase 4.05% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -62186000000.0 (%).Trend:Decrease 1.71% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -61525900000.0 (%).Trend:Decrease 1.06% than previous quarter

Overall: increasing (-2.75%). Fluctuation: **Significant** (high 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 -52.56 (%).Trend:Decrease 5.97% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -50.02 (%).Trend:Decrease 4.83% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -48.57 (%).Trend:Decrease 2.9% than previous quarter

Overall: increasing (-7.59%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.46 (USD).Trend:Decrease 148.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.95 (USD).Trend:Increase 33.56% than previous quarter

Overall: increasing (-165.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2020 to Q2 2021 shows significant fluctuations across various metrics. Liabilities on revenue decreased considerably, but current assets showed overall growth. The ratio of retained earnings to revenue exhibited a slight decrease overall with marked variation. Investment efficiency and earnings per share show significant volatility, but overall growth was not observed.