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 119010000000.0 (%).Trend:Increase 11.73% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 121620000000.0 (%).Trend:Increase 2.19% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 127660000000.0 (%).Trend:Increase 4.97% than previous quarter

Overall: increasing (7.27%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 289080000000.0 (%).Trend:Increase 1.42% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 304820000000.0 (%).Trend:Increase 5.44% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 251380000000.0 (%).Trend:Decrease 17.53% than previous quarter

Overall: decreasing (-13.04%). 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 57850000000.0 (%).Trend:Increase 17.2% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 70490000000.0 (%).Trend:Increase 21.85% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 77400000000.0 (%).Trend:Increase 9.8% than previous quarter

Overall: increasing (33.79%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17910000000.0 (%).Trend:Decrease 65.3% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36330000000.0 (%).Trend:Increase 102.85% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54430000000.0 (%).Trend:Increase 49.82% than previous quarter

Overall: increasing (203.91%). 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 8.24 (%).Trend:Increase 17.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 9.78 (%).Trend:Increase 18.69% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.7 (%).Trend:Increase 9.41% than previous quarter

Overall: increasing (29.85%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 72.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.61 (USD).Trend:Increase 916.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.91 (USD).Trend:Increase 49.18% than previous quarter

Overall: increasing (1416.67%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2021 shows liabilities on revenue increasing steadily. Current assets on revenue experienced growth initially but then a significant decrease in Q3. Cost efficiency, as measured by the increasing retained earnings ratio, shows a positive trend.  SG&A expense ratio increased dramatically after an initial sharp decrease. Investment efficiency also experienced steady growth, while earnings per share experienced substantial fluctuations. This requires a further analysis of the underlying factors that drive each variable.