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 1387100000.0 (%).Trend:Decrease 8.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1385500000.0 (%).Trend:Decrease 0.12% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 1347900000.0 (%).Trend:Decrease 2.71% than previous quarter

Overall: decreasing (-2.83%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 7092100000.0 (%).Trend:Decrease 0.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 7654900000.0 (%).Trend:Increase 7.94% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 7926200000.0 (%).Trend:Increase 3.54% than previous quarter

Overall: increasing (11.76%). Fluctuation: **Little** (low 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 8134400000.0 (%).Trend:Increase 4.65% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8176300000.0 (%).Trend:Increase 0.52% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 8496000000.0 (%).Trend:Increase 3.91% than previous quarter

Overall: increasing (4.45%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1856600000.0 (%).Trend:Increase 48.89% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 614900000.0 (%).Trend:Decrease 66.88% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1199900000.0 (%).Trend:Increase 95.14% than previous quarter

Overall: decreasing (-35.37%). 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 79.95 (%).Trend:Increase 4.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 77.11 (%).Trend:Decrease 3.55% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 78.45 (%).Trend:Increase 1.74% than previous quarter

Overall: decreasing (-1.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 0.56 (USD).Trend:Increase 51.35% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 76.79% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.3 (USD).Trend:Increase 130.77% than previous quarter

Overall: decreasing (-46.43%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 reveals a mix of positive and negative trends.  Liabilities on revenue and current assets on revenue are both showing small decreases and increases, respectively, demonstrating stable, but declining, and increasing trends. Cost efficiency (ratio of retained earnings to revenue) is steadily increasing. However, SG&A expenses are fluctuating significantly (-35.37%), and earnings per share are decreasing (-46.43%). Investment efficiency (retained earnings on assets) shows a minor decrease, but further investigation is needed into the causes of earnings decline and SG&A expense volatility.