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 106989300000.0 (%).Trend:Increase 3.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 56585700000.0 (%).Trend:Decrease 47.11% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 59924500000.0 (%).Trend:Increase 5.9% than previous quarter

Overall: decreasing (-43.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 226533300000.0 (%).Trend:Increase 11.59% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 199300800000.0 (%).Trend:Decrease 12.02% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 220042500000.0 (%).Trend:Increase 10.41% than previous quarter

Overall: decreasing (-2.87%). 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 320467100000.0 (%).Trend:Increase 5.07% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 338560400000.0 (%).Trend:Increase 5.65% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 353186100000.0 (%).Trend:Increase 4.32% than previous quarter

Overall: increasing (10.21%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26114600000.0 (%).Trend:Increase 47.01% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8859300000.0 (%).Trend:Decrease 66.08% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18926000000.0 (%).Trend:Increase 113.63% than previous quarter

Overall: decreasing (-27.53%). Fluctuation: **Significant** (high variation).


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 27.65 (%).Trend:Increase 3.33% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 29.87 (%).Trend:Increase 8.03% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 30.52 (%).Trend:Increase 2.18% than previous quarter

Overall: increasing (10.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.21 (USD).Trend:Decrease 59.67% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.68 (USD).Trend:Increase 121.49% than previous quarter

Overall: decreasing (-10.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 show a decreasing trend in liabilities on revenue (-43.99%) with significant fluctuation.  Current assets on revenue also show a decreasing trend (-2.87%), with low variation.  Cost efficiency, measured by retained earnings to revenue, is increasing (10.21%) with little fluctuation. Selling, General, and Administrative (SG&A) expenses show a decrease (-27.53%) with significant fluctuation. Investment efficiency, measured by retained earnings on assets, is increasing (10.38%) with little fluctuation. Earnings per share are decreasing (-10.67%) with significant fluctuation.