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 409300000.0 (%).Trend:Decrease 47.61% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 204400000.0 (%).Trend:Decrease 50.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 272200000.0 (%).Trend:Increase 33.17% than previous quarter

Overall: decreasing (-33.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 1088800000.0 (%).Trend:Decrease 28.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 954500000.0 (%).Trend:Decrease 12.33% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 2000800000.0 (%).Trend:Increase 109.62% than previous quarter

Overall: increasing (83.76%). Fluctuation: **Significant** (high 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 -10259400000.0 (%).Trend:Increase 2.75% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -10488700000.0 (%).Trend:Increase 2.24% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -12755800000.0 (%).Trend:Increase 21.61% than previous quarter

Overall: decreasing (24.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 354500000.0 (%).Trend:Increase 66.98% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 482600000.0 (%).Trend:Increase 36.14% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 176700000.0 (%).Trend:Decrease 63.39% than previous quarter

Overall: decreasing (-50.16%). 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 -96.25 (%).Trend:Increase 8.04% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -102.12 (%).Trend:Increase 6.1% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -141.59 (%).Trend:Increase 38.65% than previous quarter

Overall: decreasing (47.11%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statement analysis for 2020 Q2 to 2021 Q1 reveals a volatile financial performance. Liabilities on revenue decreased significantly (-33.5%) with high fluctuation.  Current assets on revenue increased (83.76%) also showing considerable fluctuation. The ratio of retained earnings to revenue decreased (24.33%) and shows significant variance. SG&A expense ratios decreased (-50.16%) with substantial fluctuation. Investment efficiency demonstrates a substantial decrease (47.11%) with significant fluctuation in retained earnings on assets.