Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 235737700.0 (%).Trend:Increase 8.7% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 175730500.0 (%).Trend:Decrease 25.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 311924000.0 (%).Trend:Increase 77.5% than previous quarter

Overall: increasing (32.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 1168900400.0 (%).Trend:Increase 0.77% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 1100763500.0 (%).Trend:Decrease 5.83% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1245713100.0 (%).Trend:Increase 13.17% than previous quarter

Overall: increasing (6.57%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 817548000.0 (%).Trend:Decrease 2.57% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 807810700.0 (%).Trend:Decrease 1.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 836327300.0 (%).Trend:Increase 3.53% than previous quarter

Overall: increasing (2.3%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 325130500.0 (%).Trend:Increase 95.32% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 493898300.0 (%).Trend:Increase 51.91% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 150577200.0 (%).Trend:Decrease 69.51% than previous quarter

Overall: decreasing (-53.69%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets 36.87 (%).Trend:Decrease 2.54% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.54 (%).Trend:Increase 1.82% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.92 (%).Trend:Decrease 4.32% than previous quarter

Overall: decreasing (-2.58%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q2 2020 to Q1 2021 reveals significant increases in liabilities on revenue (32.32%) and a slight increase in current assets on revenue (6.57%). The ratio of retained earnings to revenue showed a small increase (2.3%), while the SG&A expense ratio decreased significantly (-53.69%). Retained earnings on assets decreased slightly (-2.58%).  Earnings per share data is absent.