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 4098100000.0 (%).Trend:Increase 23.78% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 3725800000.0 (%).Trend:Decrease 9.08% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 3458500000.0 (%).Trend:Decrease 7.17% than previous quarter

Overall: decreasing (-15.61%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 11138100000.0 (%).Trend:Increase 14.76% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 10679600000.0 (%).Trend:Decrease 4.12% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 8166600000.0 (%).Trend:Decrease 23.53% than previous quarter

Overall: decreasing (-26.68%). Fluctuation: **Neutral** (moderate 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 12415200000.0 (%).Trend:Increase 41.29% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 11735500000.0 (%).Trend:Decrease 5.47% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 9008800000.0 (%).Trend:Decrease 23.23% than previous quarter

Overall: decreasing (-27.44%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1039300000.0 (%).Trend:Increase 60.88% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 315400000.0 (%).Trend:Decrease 69.65% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 700900000.0 (%).Trend:Increase 122.23% than previous quarter

Overall: decreasing (-32.56%). 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 28.44 (%).Trend:Increase 16.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.12 (%).Trend:Decrease 1.13% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.25 (%).Trend:Decrease 17.32% than previous quarter

Overall: decreasing (-18.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.09 (USD).Trend:Decrease 109.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.75 (USD).Trend:Increase 733.33% than previous quarter

Overall: decreasing (-175.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 exhibit a complex financial picture. Liabilities on revenue and current assets on revenue both show a downward trend, indicating a possible adjustment in financial strategy.  Cost efficiency metrics (ratio of retained earnings to revenue) are also decreasing, which signals potential challenges to profit growth. The Selling, General, and Administrative (SG&A) expense ratio shows substantial fluctuations, with large decreases followed by substantial increases.  Investment efficiency also displays a negative trend.  This complex data necessitates further analysis to understand the factors behind these trends and their implications for future performance.