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 100938000000.0 (%).Trend:Decrease 4.09% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 104091100000.0 (%).Trend:Increase 3.12% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 110957400000.0 (%).Trend:Increase 6.6% than previous quarter

Overall: increasing (9.93%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 108771800000.0 (%).Trend:Decrease 19.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 114085100000.0 (%).Trend:Increase 4.88% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 122037600000.0 (%).Trend:Increase 6.97% than previous quarter

Overall: increasing (12.2%). 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 -627188700000.0 (%).Trend:Increase 6.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -639646700000.0 (%).Trend:Increase 1.99% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -643729800000.0 (%).Trend:Increase 0.64% than previous quarter

Overall: decreasing (2.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9757000000.0 (%).Trend:Decrease 70.46% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21043500000.0 (%).Trend:Increase 115.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32859300000.0 (%).Trend:Increase 56.15% than previous quarter

Overall: increasing (236.78%). 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 -117.96 (%).Trend:Increase 15.84% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -119.42 (%).Trend:Increase 1.24% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -119.98 (%).Trend:Increase 0.47% than previous quarter

Overall: decreasing (1.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.71 (USD).Trend:Decrease 40.34% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.98 (USD).Trend:Increase 38.03% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.06 (USD).Trend:Increase 8.16% than previous quarter

Overall: decreasing (49.3%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2021 to Q3 2021 reveals increasing liabilities and current assets on revenue, indicating possible growth in working capital.  However, cost efficiency, including the ratio of retained earnings to revenue, SG&A expense ratios, investment efficiency (retained earnings on assets), and earnings per share, shows significant declines and high volatility. These findings point to a company facing cost pressures and fluctuating profitability.