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 5936300000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 6202700000.0 (%).Trend:Increase 4.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 5751300000.0 (%).Trend:Decrease 7.28% than previous quarter

Overall: decreasing (-3.12%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 22400200000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22718300000.0 (%).Trend:Increase 1.42% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 20430500000.0 (%).Trend:Decrease 10.07% than previous quarter

Overall: decreasing (-8.79%). 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 21598600000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21813100000.0 (%).Trend:Increase 0.99% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 18654000000.0 (%).Trend:Decrease 14.48% than previous quarter

Overall: decreasing (-13.63%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4447800000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6728600000.0 (%).Trend:Increase 51.28% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1917700000.0 (%).Trend:Decrease 71.5% than previous quarter

Overall: decreasing (-56.88%). 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 53.91 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 54.2 (%).Trend:Increase 0.54% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.95 (%).Trend:Increase 1.38% than previous quarter

Overall: increasing (1.93%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q2 2020 to Q1 2021 indicates a mixed financial health. Liabilities on revenue decreased slightly, mirroring a decrease in current assets on revenue.  The ratio of retained earnings to revenue shows a consistent negative trend.  The selling, general, and administrative (SG&A) expense ratio declined significantly.  Investment efficiency, however, is showing a positive trend.