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 23630300000.0 (%).Trend:Decrease 41.6% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 25423400000.0 (%).Trend:Increase 7.59% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 24622900000.0 (%).Trend:Decrease 3.15% than previous quarter

Overall: increasing (4.2%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 53259100000.0 (%).Trend:Increase 3.0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 72493500000.0 (%).Trend:Increase 36.11% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 58798900000.0 (%).Trend:Decrease 18.89% than previous quarter

Overall: increasing (10.4%). Fluctuation: **Neutral** (moderate 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 53498400000.0 (%).Trend:Increase 1.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 55864400000.0 (%).Trend:Increase 4.42% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 56522200000.0 (%).Trend:Increase 1.18% than previous quarter

Overall: increasing (5.65%). 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 15.19 (%).Trend:Decrease 1.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 14.48 (%).Trend:Decrease 4.67% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.8 (%).Trend:Increase 2.21% than previous quarter

Overall: decreasing (-2.57%). 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 0.27 (USD).Trend:Decrease 73.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.51 (USD).Trend:Increase 88.89% than previous quarter

Overall: decreasing (-49.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a mixed picture.  Working capital efficiency shows slight increases in both liabilities and current assets on revenue, with moderate fluctuations.  Cost efficiency, indicated by the ratio of retained earnings to revenue, is steadily increasing.  Investment efficiency, measured by retained earnings on assets, is declining, but with little variation. Earnings per share are decreasing overall, but with significant volatility.