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 24310000000.0 (%).Trend:Decrease 7.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 20300000000.0 (%).Trend:Decrease 16.5% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 21650000000.0 (%).Trend:Increase 6.65% than previous quarter

Overall: decreasing (-10.94%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 81650000000.0 (%).Trend:Increase 3.46% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 59850000000.0 (%).Trend:Decrease 26.7% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 64610000000.0 (%).Trend:Increase 7.95% than previous quarter

Overall: decreasing (-20.87%). 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 80850000000.0 (%).Trend:Decrease 3.01% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 80400000000.0 (%).Trend:Decrease 0.56% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 82790000000.0 (%).Trend:Increase 2.97% than previous quarter

Overall: increasing (2.4%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21460000000.0 (%).Trend:Increase 51.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8030000000.0 (%).Trend:Decrease 62.58% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16300000000.0 (%).Trend:Increase 102.99% than previous quarter

Overall: decreasing (-24.04%). 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 39.95 (%).Trend:Decrease 1.5% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 38.64 (%).Trend:Decrease 3.28% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 38.93 (%).Trend:Increase 0.75% than previous quarter

Overall: decreasing (-2.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 9.37 (USD).Trend:Decrease 9.21% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.87 (USD).Trend:Decrease 90.72% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.3 (USD).Trend:Increase 164.37% than previous quarter

Overall: decreasing (-75.45%). Fluctuation: **Significant** (high variation).



Financial review from Q3 2020 to Q2 2021 reveals a mixed picture. Liabilities on revenue show a slight overall decrease (-10.94%). Current assets on revenue also decreased (-20.87%), potentially indicating a change in operational strategies. Cost efficiency displays a minor increase in the ratio of retained earnings to revenue (2.4%), though a substantial decrease (-24.04%) is observed in the SG&A expense ratio.  Investment efficiency shows a modest decline in retained earnings on assets (-2.55%), and earnings per share dropped significantly (-75.45%).