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

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 143789900000.0 (%).Trend:Increase 0.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 160272300000.0 (%).Trend:Increase 11.46% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 162145900000.0 (%).Trend:Increase 1.17% than previous quarter

Overall: increasing (12.77%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 265473300000.0 (%).Trend:Increase 4.04% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 281319100000.0 (%).Trend:Increase 5.97% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 290168800000.0 (%).Trend:Increase 3.15% than previous quarter

Overall: increasing (9.3%). Fluctuation: **Little** (low variation).


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

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 94292000000.0 (%).Trend:Increase 4.46% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 100449000000.0 (%).Trend:Increase 6.53% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 101312500000.0 (%).Trend:Increase 0.86% than previous quarter

Overall: increasing (7.45%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16933300000.0 (%).Trend:Increase 48.4% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5877600000.0 (%).Trend:Decrease 65.29% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11789500000.0 (%).Trend:Increase 100.58% than previous quarter

Overall: decreasing (-30.38%). Fluctuation: **Significant** (high variation).


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

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets 23.02 (%).Trend:Increase 1.01% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.09 (%).Trend:Increase 0.3% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.82 (%).Trend:Decrease 1.17% than previous quarter

Overall: decreasing (-0.87%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis of Q2 2020 to Q2 2021 shows a consistent upward trend in liabilities and current assets on revenue with little variation. The ratio of retained earnings to revenue also increases steadily. However, the SG&A expense ratio shows significant fluctuations, decreasing in Q1 2021 and increasing in Q2 2021.  Investment efficiency displays a slight overall decrease in retained earnings on assets with low variation.