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 195350000000.0 (%).Trend:Increase 23.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 242370000000.0 (%).Trend:Increase 24.07% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 238120000000.0 (%).Trend:Decrease 1.75% than previous quarter

Overall: increasing (21.89%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 175960000000.0 (%).Trend:Increase 8.91% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 195470000000.0 (%).Trend:Increase 11.09% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 205260000000.0 (%).Trend:Increase 5.01% than previous quarter

Overall: increasing (16.65%). 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 239100000000.0 (%).Trend:Increase 4.47% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 257360000000.0 (%).Trend:Increase 7.64% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 266050000000.0 (%).Trend:Increase 3.38% than previous quarter

Overall: increasing (11.27%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 91110000000.0 (%).Trend:Increase 53.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32130000000.0 (%).Trend:Decrease 64.73% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 67790000000.0 (%).Trend:Increase 110.99% than previous quarter

Overall: decreasing (-25.6%). 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 22.02 (%).Trend:Increase 1.76% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 20.29 (%).Trend:Decrease 7.86% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 20.77 (%).Trend:Increase 2.37% than previous quarter

Overall: decreasing (-5.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.61 (USD).Trend:Decrease 84.75% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.29 (USD).Trend:Increase 111.48% than previous quarter

Overall: decreasing (-67.75%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2020 to Q2 2021 reveal a mixed performance. Liabilities and current assets are increasing, suggesting growth but possible leverage concerns. Cost efficiency is improving, a positive sign.  SG&A expense ratio shows high volatility. Investment efficiency is declining, and earnings per share are severely fluctuating, indicating potential management issues.