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 44861400000.0 (%).Trend:Decrease 0.57% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 49968300000.0 (%).Trend:Increase 11.38% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 54184000000.0 (%).Trend:Increase 8.44% than previous quarter

Overall: increasing (20.78%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 40405600000.0 (%).Trend:Decrease 2.43% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 43954600000.0 (%).Trend:Increase 8.78% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 47751200000.0 (%).Trend:Increase 8.64% than previous quarter

Overall: increasing (18.18%). 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 -174678700000.0 (%).Trend:Increase 4.9% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -172641600000.0 (%).Trend:Decrease 1.17% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -166531300000.0 (%).Trend:Decrease 3.54% than previous quarter

Overall: increasing (-4.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11648500000.0 (%).Trend:Decrease 51.72% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23887200000.0 (%).Trend:Increase 105.07% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37229600000.0 (%).Trend:Increase 55.86% than previous quarter

Overall: increasing (219.61%). 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 -31.54 (%).Trend:Increase 6.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -31.05 (%).Trend:Decrease 1.55% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -29.5 (%).Trend:Decrease 4.99% than previous quarter

Overall: increasing (-6.47%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.02 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.11 (USD).Trend:Increase 450.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.38 (USD).Trend:Increase 245.45% than previous quarter

Overall: increasing (1800.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2021 to Q3 2021 reveals a varied picture. Working capital efficiency (liabilities and current assets on revenue) showed an overall increasing trend, although with minor fluctuations. Cost efficiency (ratio of retained earnings to revenue) continued to decrease, while the SG&A expense ratio experienced a substantial increase. Investment efficiency, measured by retained earnings on assets, remained negative and declined further, again with substantial fluctuation. Earnings per share displayed remarkable growth with significant quarter-to-quarter variations, reaching $0.38 in Q3 2021.