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 1507017200.0 (%).Trend:Decrease 12.24% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 2252686800.0 (%).Trend:Increase 49.48% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 2077506600.0 (%).Trend:Decrease 7.78% than previous quarter

Overall: increasing (37.86%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 1254551200.0 (%).Trend:Decrease 24.44% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 2090335200.0 (%).Trend:Increase 66.62% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 1656321200.0 (%).Trend:Decrease 20.76% than previous quarter

Overall: increasing (32.02%). Fluctuation: **Significant** (high 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 3744607100.0 (%).Trend:Decrease 0.58% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 3889210300.0 (%).Trend:Increase 3.86% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4213794600.0 (%).Trend:Increase 8.35% than previous quarter

Overall: increasing (12.53%). Fluctuation: **Little** (low 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 13.7 (%).Trend:Decrease 1.58% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.21 (%).Trend:Decrease 3.58% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 14.42 (%).Trend:Increase 9.16% than previous quarter

Overall: increasing (5.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.34 (USD).Trend:Increase 34.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 56.72% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.16 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-13.43%). Fluctuation: **Significant** (high variation).



Financial statements reveal a mixed picture of performance.  Working capital efficiency shows increasing liabilities on revenue (37.86% overall increase), while current assets on revenue are increasing with a higher degree of fluctuation (32.02% overall increase).  Cost efficiency, measured by the ratio of retained earnings to revenue, is increasing steadily (12.53% overall increase), suggesting effective cost management.  Investment efficiency, reflected in retained earnings on assets, shows a mild increase (5.26% overall).  Earnings per share are declining overall (-13.43%), exhibiting significant fluctuations.