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 9815600000.0 (%).Trend:Increase 3.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 8857300000.0 (%).Trend:Decrease 9.76% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 8710400000.0 (%).Trend:Decrease 1.66% than previous quarter

Overall: decreasing (-11.26%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 50921500000.0 (%).Trend:Increase 13.09% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 43263300000.0 (%).Trend:Decrease 15.04% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 47633500000.0 (%).Trend:Increase 10.1% than previous quarter

Overall: decreasing (-6.46%). 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 -84869500000.0 (%).Trend:Decrease 0.99% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -83388800000.0 (%).Trend:Decrease 1.74% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -81888300000.0 (%).Trend:Decrease 1.8% than previous quarter

Overall: increasing (-3.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3125200000.0 (%).Trend:Decrease 66.86% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6177400000.0 (%).Trend:Increase 97.66% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9175800000.0 (%).Trend:Increase 48.54% than previous quarter

Overall: increasing (193.61%). Fluctuation: **Significant** (high variation).


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 -73.56 (%).Trend:Decrease 3.79% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -78.05 (%).Trend:Increase 6.1% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -74.44 (%).Trend:Decrease 4.63% than previous quarter

Overall: decreasing (1.2%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 86.46% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.09 (USD).Trend:Decrease 169.23% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.31 (USD).Trend:Increase 244.44% than previous quarter

Overall: increasing (-338.46%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2021 to Q3 2021, liabilities on revenue and current assets on revenue decreased, suggesting improved working capital efficiency despite some quarter-to-quarter variation. Cost efficiency metrics (retained earnings and SG&A expense ratio) demonstrated significant fluctuations. Investment efficiency showed a decrease in retained earnings on assets and a substantial increase in earnings per share, highlighting significant volatility.