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 105247600000.0 (%).Trend:Increase 3.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 100938000000.0 (%).Trend:Decrease 4.09% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 104091100000.0 (%).Trend:Increase 3.12% than previous quarter

Overall: decreasing (-1.1%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 3: Current assets on Revenue 135494600000.0 (%).Trend:Increase 21.12% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 108771800000.0 (%).Trend:Decrease 19.72% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 114085100000.0 (%).Trend:Increase 4.88% than previous quarter

Overall: decreasing (-15.8%). 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 -590741700000.0 (%).Trend:Increase 2.36% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -627188700000.0 (%).Trend:Increase 6.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -639646700000.0 (%).Trend:Increase 1.99% than previous quarter

Overall: decreasing (8.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33026300000.0 (%).Trend:Increase 47.84% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9757000000.0 (%).Trend:Decrease 70.46% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21043500000.0 (%).Trend:Increase 115.68% than previous quarter

Overall: decreasing (-36.28%). 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 -101.83 (%).Trend:Decrease 1.83% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -117.96 (%).Trend:Increase 15.84% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -119.42 (%).Trend:Increase 1.24% than previous quarter

Overall: decreasing (17.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 3: Earning Per Share -1.19 (USD).Trend:Increase 33.71% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.71 (USD).Trend:Decrease 40.34% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.98 (USD).Trend:Increase 38.03% than previous quarter

Overall: increasing (-17.65%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2020 to Q2 2021 shows a predominantly negative trend across several metrics. Liabilities and current assets on revenue exhibit slightly decreasing trends with little to moderate fluctuation. Cost efficiency, measured by retained earnings-to-revenue, displays a negative trend with notable volatility. Investment efficiency (retained earnings on assets) is declining with significant fluctuation. Earnings per share reveal a mixed trend with notable volatility.  The selling, general, and administrative (SG&A) expense ratio is decreasing substantially with considerable variation. Overall, the period shows a pattern of decreasing efficiency, except in some revenue-related metrics, which requires further investigation.