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 20008500000.0 (%).Trend:Decrease 8.77% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 20966100000.0 (%).Trend:Increase 4.79% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22695700000.0 (%).Trend:Increase 8.25% than previous quarter

Overall: increasing (13.43%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 89006400000.0 (%).Trend:Increase 255.47% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 84526500000.0 (%).Trend:Decrease 5.03% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 84969300000.0 (%).Trend:Increase 0.52% than previous quarter

Overall: decreasing (-4.54%). 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 -9784900000.0 (%).Trend:Increase 55.86% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -1112900000.0 (%).Trend:Decrease 88.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 6011900000.0 (%).Trend:Decrease 640.2% than previous quarter

Overall: increasing (-161.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7891000000.0 (%).Trend:Decrease 67.92% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16300000000.0 (%).Trend:Increase 106.56% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25560200000.0 (%).Trend:Increase 56.81% than previous quarter

Overall: increasing (223.92%). Fluctuation: **Significant** (high variation).


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 -2.77 (%).Trend:Increase 67.88% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -0.32 (%).Trend:Decrease 88.45% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 1.72 (%).Trend:Decrease 637.5% than previous quarter

Overall: increasing (-162.09%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2021 reveal substantial fluctuation in key metrics. Liabilities on revenue display a small but steady upward trend, while current assets on revenue show an initial large increase followed by slight decrease over time. Cost efficiency measures, including the ratio of retained earnings to revenue and the selling, general, and administrative (SG&A) expense ratio, exhibit significant variations.  Investment efficiency, as measured by retained earnings on assets, displays major fluctuations, reflecting volatility in the company’s investment strategy.  Further analysis is necessary to understand the underlying factors driving these fluctuations.