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 126219900000.0 (%).Trend:Increase 29.92% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 94843900000.0 (%).Trend:Decrease 24.86% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 70554800000.0 (%).Trend:Decrease 25.61% than previous quarter

Overall: decreasing (-44.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 99855300000.0 (%).Trend:Increase 20.38% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 96374500000.0 (%).Trend:Decrease 3.49% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 107487700000.0 (%).Trend:Increase 11.53% than previous quarter

Overall: increasing (7.64%). 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 158281400000.0 (%).Trend:Increase 7.35% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 162539700000.0 (%).Trend:Increase 2.69% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 175768900000.0 (%).Trend:Increase 8.14% than previous quarter

Overall: increasing (11.05%). Fluctuation: **Little** (low 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 18.62 (%).Trend:Increase 4.55% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 19.08 (%).Trend:Increase 2.47% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 20.24 (%).Trend:Increase 6.08% than previous quarter

Overall: increasing (8.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.77 (USD).Trend:Decrease 23.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.7 (USD).Trend:Increase 120.78% than previous quarter

Overall: increasing (70.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a significant decrease in liabilities on revenue, with high volatility.  Current assets on revenue show an overall upward trend, with smaller fluctuations. Cost efficiency (retained earnings to revenue) continues to increase steadily. Investment efficiency (retained earnings on assets) also displays a steady upward trend. Earnings per share reveal significant volatility, increasing dramatically in the second quarter of 2021.