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 69168800000.0 (%).Trend:Increase 5.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 72141000000.0 (%).Trend:Increase 4.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 74226200000.0 (%).Trend:Increase 2.89% than previous quarter

Overall: increasing (7.31%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 76257200000.0 (%).Trend:Decrease 6.01% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 81940000000.0 (%).Trend:Increase 7.45% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 90471100000.0 (%).Trend:Increase 10.41% than previous quarter

Overall: increasing (18.64%). 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 52513800000.0 (%).Trend:Increase 13.19% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 55392500000.0 (%).Trend:Increase 5.48% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 59587200000.0 (%).Trend:Increase 7.57% than previous quarter

Overall: increasing (13.47%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8821400000.0 (%).Trend:Decrease 67.19% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17576300000.0 (%).Trend:Increase 99.25% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27105000000.0 (%).Trend:Increase 54.21% than previous quarter

Overall: increasing (207.26%). 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 30.61 (%).Trend:Increase 10.71% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 31.56 (%).Trend:Increase 3.1% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 30.54 (%).Trend:Decrease 3.23% than previous quarter

Overall: decreasing (-0.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 63.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.64 (USD).Trend:Increase 124.66% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.91 (USD).Trend:Increase 77.44% than previous quarter

Overall: increasing (298.63%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 depict a generally positive financial position, with working capital efficiency continuing to improve. Cost efficiency remains positive, with a rising retained earnings to revenue ratio. However, the SG&A expense ratio demonstrates substantial fluctuations, including a significant drop in Q1 followed by increases in Q2 and Q3.  Investment efficiency shows a slight decrease in retained earnings on assets, while earnings per share displays considerable increases after a major decline in Q1 2021.