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 71712400000.0 (%).Trend:Increase 9.08% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 71513100000.0 (%).Trend:Decrease 0.28% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 64744900000.0 (%).Trend:Decrease 9.46% than previous quarter

Overall: decreasing (-9.72%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 224322100000.0 (%).Trend:Increase 2.29% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 216140200000.0 (%).Trend:Decrease 3.65% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 225325200000.0 (%).Trend:Increase 4.25% than previous quarter

Overall: increasing (0.45%). 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 49168000000.0 (%).Trend:Increase 47.63% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 76074500000.0 (%).Trend:Increase 54.72% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 91724200000.0 (%).Trend:Increase 20.57% than previous quarter

Overall: increasing (86.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 6.54 (%).Trend:Increase 41.87% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 9.73 (%).Trend:Increase 48.78% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.58 (%).Trend:Increase 19.01% than previous quarter

Overall: increasing (77.06%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share 2.73 (USD).Trend:Increase 55.11% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 65.2% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.91 (USD).Trend:Increase 101.05% than previous quarter

Overall: decreasing (-30.04%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2020 to Q2 2021 reveals a mixed picture. Liabilities on revenue decreased overall, with minimal fluctuation.  Current assets on revenue displayed a slight overall increase, despite fluctuations. Cost efficiency, as measured by the retained earnings to revenue ratio, experienced significant growth with high volatility. Investment efficiency, measured by retained earnings on assets, also demonstrated significant growth with substantial fluctuation. Earnings per share decreased overall with substantial fluctuation.