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 40464600000.0 (%).Trend:Decrease 28.67% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23630300000.0 (%).Trend:Decrease 41.6% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 25423400000.0 (%).Trend:Increase 7.59% than previous quarter

Overall: decreasing (-37.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 51706900000.0 (%).Trend:Decrease 11.5% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 53259100000.0 (%).Trend:Increase 3.0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 72493500000.0 (%).Trend:Increase 36.11% than previous quarter

Overall: increasing (40.2%). Fluctuation: **Neutral** (moderate 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 52486400000.0 (%).Trend:Increase 3.41% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 53498400000.0 (%).Trend:Increase 1.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 55864400000.0 (%).Trend:Increase 4.42% than previous quarter

Overall: increasing (6.44%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 15.35 (%).Trend:Increase 4.21% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.19 (%).Trend:Decrease 1.04% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 14.48 (%).Trend:Decrease 4.67% than previous quarter

Overall: decreasing (-5.67%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2020 to Q1 2021 show a decrease in liabilities on revenue by 37.17%, with significant fluctuation.  Current assets on revenue are increasing by 40.2%, with neutral fluctuation.  Retained earnings to revenue are steadily increasing by 6.44%, displaying little fluctuation.  Investment efficiency, measured by retained earnings on assets, is decreasing by 5.67%, with little fluctuation.  Further analysis is required to understand the causes and implications of these trends.