Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 131495600000.0 (%).Trend:Increase 5.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 142127200000.0 (%).Trend:Increase 8.09% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 140883600000.0 (%).Trend:Decrease 0.87% than previous quarter

Overall: increasing (7.14%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 86782100000.0 (%).Trend:Decrease 26.45% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 94864700000.0 (%).Trend:Increase 9.31% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 87166300000.0 (%).Trend:Decrease 8.12% than previous quarter

Overall: increasing (0.44%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -356861500000.0 (%).Trend:Increase 6.55% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -372413900000.0 (%).Trend:Increase 4.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -386296400000.0 (%).Trend:Increase 3.73% than previous quarter

Overall: decreasing (8.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44960200000.0 (%).Trend:Decrease 64.83% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 89523800000.0 (%).Trend:Increase 99.12% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 134387200000.0 (%).Trend:Increase 50.11% than previous quarter

Overall: increasing (198.9%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets -22.29 (%).Trend:Increase 8.89% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets -23.17 (%).Trend:Increase 3.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -24.11 (%).Trend:Increase 4.06% than previous quarter

Overall: decreasing (8.17%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q1 to Q3 2021 shows a slight increase in liabilities on revenue with low variation.  Current assets on revenue show an overall increase with little fluctuation. Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue with high variation.  SG&A expense ratio shows a significant increase with significant variation. Investment efficiency reveals a substantial decrease in retained earnings on assets with significant variation.