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 51660000000.0 (%).Trend:Increase 7.13% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 66710000000.0 (%).Trend:Increase 29.13% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 71950000000.0 (%).Trend:Increase 7.85% than previous quarter

Overall: increasing (39.28%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 158300000000.0 (%).Trend:Increase 4.27% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 133510000000.0 (%).Trend:Decrease 15.66% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 139830000000.0 (%).Trend:Increase 4.73% than previous quarter

Overall: decreasing (-11.67%). 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 79370000000.0 (%).Trend:Increase 4.32% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 54470000000.0 (%).Trend:Decrease 31.37% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 63870000000.0 (%).Trend:Increase 17.26% than previous quarter

Overall: decreasing (-19.53%). Fluctuation: **Neutral** (moderate 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 20.6 (%).Trend:Increase 2.28% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 15.07 (%).Trend:Decrease 26.84% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 16.95 (%).Trend:Increase 12.48% than previous quarter

Overall: decreasing (-17.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.76 (USD).Trend:Increase 49.02% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.31 (USD).Trend:Decrease 59.21% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.91 (USD).Trend:Increase 193.55% than previous quarter

Overall: increasing (19.74%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 shows mixed trends. Liabilities on revenue are increasing steadily, while current assets are decreasing, highlighting liquidity concerns. Cost efficiency, as measured by retained earnings to revenue, is declining, indicating potential cost management issues. Investment efficiency also declined, while earnings per share saw a significant increase in Q2 2021 after a substantial decrease in Q1 2021.