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 149630000000.0 (%).Trend:Increase 3.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 148800000000.0 (%).Trend:Decrease 0.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 153140000000.0 (%).Trend:Increase 2.92% than previous quarter

Overall: increasing (2.35%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 360790000000.0 (%).Trend:Decrease 7.49% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 398760000000.0 (%).Trend:Increase 10.52% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 379190000000.0 (%).Trend:Decrease 4.91% than previous quarter

Overall: increasing (5.1%). 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 262350000000.0 (%).Trend:Decrease 5.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 215370000000.0 (%).Trend:Decrease 17.91% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 201740000000.0 (%).Trend:Decrease 6.33% than previous quarter

Overall: decreasing (-23.1%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17920000000.0 (%).Trend:Increase 41.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5760000000.0 (%).Trend:Decrease 67.86% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12450000000.0 (%).Trend:Increase 116.15% than previous quarter

Overall: decreasing (-30.52%). 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 39.72 (%).Trend:Increase 0.63% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 27.37 (%).Trend:Decrease 31.09% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 26.06 (%).Trend:Decrease 4.79% than previous quarter

Overall: decreasing (-34.39%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -5.53 (USD).Trend:Increase 36.88% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.65 (USD).Trend:Decrease 70.16% than previous quarter
Year 2021 Quarter 2: Earning Per Share -2.95 (USD).Trend:Increase 78.79% than previous quarter

Overall: increasing (-46.65%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal a largely negative trend. Liabilities on revenue show a slight upward trend (2.35%), while current assets are increasing (5.1%) with little variation. Cost efficiency reveals a substantial drop in the ratio of retained earnings to revenue (-23.1%) with moderate variation.  SG&A expense ratio displays substantial volatility (-30.52%). Investment efficiency shows a considerable decrease in retained earnings on assets (-34.39%) with moderate variation. Earnings per share are decreasing significantly (-46.65%) with high variation.  Overall performance is negative with significant volatility.