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 65546600000.0 (%).Trend:Increase 8.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 36237900000.0 (%).Trend:Decrease 44.71% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 36093800000.0 (%).Trend:Decrease 0.4% than previous quarter

Overall: decreasing (-44.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 30240000000.0 (%).Trend:Decrease 1.1% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 30558600000.0 (%).Trend:Increase 1.05% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 39340800000.0 (%).Trend:Increase 28.74% than previous quarter

Overall: increasing (30.1%). Fluctuation: **Neutral** (moderate 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 45759600000.0 (%).Trend:Decrease 2.08% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 48411900000.0 (%).Trend:Increase 5.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53468500000.0 (%).Trend:Increase 10.44% than previous quarter

Overall: increasing (16.85%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 13.18 (%).Trend:Decrease 1.13% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 13.64 (%).Trend:Increase 3.49% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 14.53 (%).Trend:Increase 6.52% than previous quarter

Overall: increasing (10.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 103.61% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.69 (USD).Trend:Decrease 1250.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.91 (USD).Trend:Increase 176.81% than previous quarter

Overall: increasing (-3283.33%). Fluctuation: **Significant** (high variation).



Financial analysis reveals a significant fluctuation in liabilities on revenue, decreasing by 44.93%.  This contrasts with a moderate fluctuation in current assets on revenue, increasing by 30.1%.  Cost efficiency, measured by retained earnings to revenue, displays a steady 16.85% increase.  Investment efficiency, as measured by retained earnings on assets, also exhibits a consistent upward trend (10.24%).  Earnings per share shows highly volatile results, increasing overall but exhibiting considerable swings in each quarter.