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 160272300000.0 (%).Trend:Increase 11.46% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 162145900000.0 (%).Trend:Increase 1.17% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 164283400000.0 (%).Trend:Increase 1.32% than previous quarter

Overall: increasing (2.5%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 281319100000.0 (%).Trend:Increase 5.97% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 290168800000.0 (%).Trend:Increase 3.15% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 303829100000.0 (%).Trend:Increase 4.71% than previous quarter

Overall: increasing (8.0%). 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 100449000000.0 (%).Trend:Increase 6.53% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 101312500000.0 (%).Trend:Increase 0.86% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 108700700000.0 (%).Trend:Increase 7.29% than previous quarter

Overall: increasing (8.21%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5877600000.0 (%).Trend:Decrease 65.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11789500000.0 (%).Trend:Increase 100.58% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18219300000.0 (%).Trend:Increase 54.54% than previous quarter

Overall: increasing (209.98%). Fluctuation: **Significant** (high variation).


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 23.09 (%).Trend:Increase 0.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.82 (%).Trend:Decrease 1.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 24.02 (%).Trend:Increase 5.26% than previous quarter

Overall: increasing (4.03%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2021 to Q3 2021 demonstrate continuous growth in liabilities and current assets on revenue with minimal fluctuation.  Cost efficiency shows a steady increase in the ratio of retained earnings to revenue, also with minimal variation. However, a significant, fluctuating pattern exists in the SG&A expense ratio, initially decreasing and then increasing.  Investment efficiency shows an overall positive trend with slight fluctuations. These financial indicators suggest effective strategies to grow revenue and manage expenses.