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 17943000000.0 (%).Trend:Decrease 15.26% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 18835500000.0 (%).Trend:Increase 4.97% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 19472300000.0 (%).Trend:Increase 3.38% than previous quarter

Overall: increasing (8.52%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 29191100000.0 (%).Trend:Decrease 11.38% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 28559500000.0 (%).Trend:Decrease 2.16% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 28809700000.0 (%).Trend:Increase 0.88% than previous quarter

Overall: decreasing (-1.31%). 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 -24348900000.0 (%).Trend:Increase 11.92% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -26680900000.0 (%).Trend:Increase 9.58% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -28200700000.0 (%).Trend:Increase 5.7% than previous quarter

Overall: decreasing (15.82%). Fluctuation: **Significant** (high 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 -70.13 (%).Trend:Increase 25.37% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -80.66 (%).Trend:Increase 15.01% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -84.6 (%).Trend:Increase 4.88% than previous quarter

Overall: decreasing (20.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 88.29% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.42 (USD).Trend:Increase 223.08% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.6 (USD).Trend:Increase 42.86% than previous quarter

Overall: decreasing (361.54%). Fluctuation: **Significant** (high variation).



The financial statements reveal a mixed picture of performance.  Liabilities on revenue are increasing gradually, while current assets on revenue are decreasing, suggesting a potential change in working capital management.  The ratio of retained earnings to revenue demonstrates a significant negative trend, indicating decreasing profitability.  Further, significant fluctuation is evident in investment efficiency (decreasing retained earnings on assets) and earnings per share (decreasing values), highlighting concerns about profitability and asset utilization.