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 3772300000.0 (%).Trend:Increase 7.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 3541400000.0 (%).Trend:Decrease 6.12% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 3557600000.0 (%).Trend:Increase 0.46% than previous quarter

Overall: decreasing (-5.69%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 18558200000.0 (%).Trend:Increase 7.56% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 18431000000.0 (%).Trend:Decrease 0.69% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 18154400000.0 (%).Trend:Decrease 1.5% than previous quarter

Overall: decreasing (-2.18%). 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 14316000000.0 (%).Trend:Increase 5.35% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 15055600000.0 (%).Trend:Increase 5.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 15268700000.0 (%).Trend:Increase 1.42% than previous quarter

Overall: increasing (6.65%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1918500000.0 (%).Trend:Increase 41.81% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 583000000.0 (%).Trend:Decrease 69.61% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1216700000.0 (%).Trend:Increase 108.7% than previous quarter

Overall: decreasing (-36.58%). Fluctuation: **Significant** (high variation).


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 39.03 (%).Trend:Increase 1.01% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 40.99 (%).Trend:Increase 5.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 41.93 (%).Trend:Increase 2.29% than previous quarter

Overall: increasing (7.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.41 (USD).Trend:Increase 110.45% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 84.4% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.44 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-68.79%). Fluctuation: **Significant** (high variation).



Financial analysis reveals a mixed performance from Q3 2020 to Q2 2021. Liabilities and current assets on revenue show decreasing overall trends, though with minor fluctuations. Retained earnings to revenue consistently increased, while SG&A expenses significantly decreased before increasing. Investment efficiency shows a slight overall increase in retained earnings on assets, with minimal variation. Earnings per share experienced a substantial drop, indicating large fluctuations.