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 50327400000.0 (%).Trend:Decrease 0.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 58804600000.0 (%).Trend:Increase 16.84% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 63911400000.0 (%).Trend:Increase 8.68% than previous quarter

Overall: increasing (26.99%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 161534400000.0 (%).Trend:Decrease 0.47% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 178092500000.0 (%).Trend:Increase 10.25% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 191167000000.0 (%).Trend:Increase 7.34% than previous quarter

Overall: increasing (18.34%). 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 11518400000.0 (%).Trend:Increase 20.66% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 21721400000.0 (%).Trend:Increase 88.58% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 29662900000.0 (%).Trend:Increase 36.56% than previous quarter

Overall: increasing (157.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27917800000.0 (%).Trend:Increase 47.75% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10568500000.0 (%).Trend:Decrease 62.14% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20958500000.0 (%).Trend:Increase 98.31% than previous quarter

Overall: decreasing (-24.93%). 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 3.8 (%).Trend:Increase 20.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 6.77 (%).Trend:Increase 78.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.85 (%).Trend:Increase 30.72% than previous quarter

Overall: increasing (132.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.59 (USD).Trend:Increase 63.89% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 16.95% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 132.65% than previous quarter

Overall: increasing (93.22%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a variety of trends. Liabilities on revenue are increasing steadily, while current assets on revenue are also increasing, although with less volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a substantial increase, but with notable fluctuations.  SG&A expense ratio is decreasing, but with high variation. Investment efficiency shows a positive trend in retained earnings on assets with substantial fluctuations, along with a fluctuating earnings per share. The data highlights potential improvements in profitability, but further evaluation of the causes is critical.