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 79010000000.0 (%).Trend:Increase 11.69% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 62000000000.0 (%).Trend:Decrease 21.53% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 56900000000.0 (%).Trend:Decrease 8.23% than previous quarter

Overall: decreasing (-27.98%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 123020000000.0 (%).Trend:Increase 8.65% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 113260000000.0 (%).Trend:Decrease 7.93% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 108480000000.0 (%).Trend:Decrease 4.22% than previous quarter

Overall: decreasing (-11.82%). 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 95890000000.0 (%).Trend:Decrease 0.32% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 100270000000.0 (%).Trend:Increase 4.57% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 99310000000.0 (%).Trend:Decrease 0.96% than previous quarter

Overall: increasing (3.57%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 37.76 (%).Trend:Decrease 0.94% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 41.1 (%).Trend:Increase 8.85% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 41.63 (%).Trend:Increase 1.29% than previous quarter

Overall: increasing (10.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.33 (USD).Trend:Decrease 129.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.15 (USD).Trend:Decrease 145.45% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.17 (USD).Trend:Increase 13.33% than previous quarter

Overall: increasing (-151.52%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2021 to Q3 2021 reveals a mixed financial picture. Liabilities on revenue have decreased substantially (-27.98%) indicating potentially improved financial health.  Current assets on revenue also experienced a decline.  The ratio of retained earnings to revenue has seen a minor increase, while investment efficiency demonstrates consistent positive growth. However, earnings per share experienced a significant decrease and notable volatility, suggesting challenges in earnings generation.