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 5496700000.0 (%).Trend:Increase 5.8% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 6121600000.0 (%).Trend:Increase 11.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 6124300000.0 (%).Trend:Increase 0.04% than previous quarter

Overall: increasing (11.42%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 17047200000.0 (%).Trend:Increase 5.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 29718400000.0 (%).Trend:Increase 74.33% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 28810700000.0 (%).Trend:Decrease 3.05% than previous quarter

Overall: increasing (69.01%). Fluctuation: **Significant** (high 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 29100000.0 (%).Trend:Decrease 106.07% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 3435700000.0 (%).Trend:Increase 11706.53% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4864700000.0 (%).Trend:Increase 41.59% than previous quarter

Overall: increasing (16617.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9543600000.0 (%).Trend:Increase 51.13% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2891200000.0 (%).Trend:Decrease 69.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6400600000.0 (%).Trend:Increase 121.38% than previous quarter

Overall: decreasing (-32.93%). 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 0.06 (%).Trend:Decrease 105.83% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 5.48 (%).Trend:Increase 9033.33% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 7.73 (%).Trend:Increase 41.06% than previous quarter

Overall: increasing (12783.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.04 (USD).Trend:Increase 62.5% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.62 (USD).Trend:Decrease 40.38% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.43 (USD).Trend:Increase 130.65% than previous quarter

Overall: increasing (37.5%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2020 to Q2 2021 shows a highly fluctuating financial performance. Liabilities on revenue increased steadily, while current assets on revenue saw an overall increase but with significant swings. Cost efficiency demonstrates volatile behavior, particularly in the ratio of retained earnings to revenue, with substantial quarter-to-quarter variation. SG&A expenses fluctuate significantly, suggesting potential instability in cost management. Investment efficiency and earnings per share also display substantial fluctuations.  The data highlight a volatile period requiring further investigation.