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 47741700000.0 (%).Trend:Decrease 12.84% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 44986600000.0 (%).Trend:Decrease 5.77% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38120700000.0 (%).Trend:Decrease 15.26% than previous quarter

Overall: decreasing (-20.15%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 72132600000.0 (%).Trend:Decrease 6.73% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 69809000000.0 (%).Trend:Decrease 3.22% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 65682200000.0 (%).Trend:Decrease 5.91% than previous quarter

Overall: decreasing (-8.94%). 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 9977500000.0 (%).Trend:Increase 2.81% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 10617500000.0 (%).Trend:Increase 6.41% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 11608700000.0 (%).Trend:Increase 9.34% than previous quarter

Overall: increasing (16.35%). 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 10.29 (%).Trend:Increase 9.12% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.2 (%).Trend:Increase 8.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 12.89 (%).Trend:Increase 15.09% than previous quarter

Overall: increasing (25.27%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.1 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.39 (USD).Trend:Increase 290.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.83 (USD).Trend:Increase 112.82% than previous quarter

Overall: increasing (730.0%). Fluctuation: **Significant** (high variation).



Financial statements reveal a consistent decline in liabilities and current assets on revenue throughout Q1-Q3 2021, indicating potential working capital issues.  However, the ratio of retained earnings to revenue shows a positive upward trend, suggesting improvements in cost efficiency.  Investment efficiency, as measured by retained earnings on assets, also shows a positive upward trend. Earnings per share have increased significantly, but with considerable fluctuation.