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 74703600000.0 (%).Trend:Increase 1.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 73109100000.0 (%).Trend:Decrease 2.13% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 66934100000.0 (%).Trend:Decrease 8.45% than previous quarter

Overall: decreasing (-10.4%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 273117600000.0 (%).Trend:Decrease 0.61% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 280049300000.0 (%).Trend:Increase 2.54% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 313689000000.0 (%).Trend:Increase 12.01% than previous quarter

Overall: increasing (14.85%). 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 244502200000.0 (%).Trend:Increase 1.53% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 260005900000.0 (%).Trend:Increase 6.34% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 292543300000.0 (%).Trend:Increase 12.51% than previous quarter

Overall: increasing (19.65%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11035700000.0 (%).Trend:Increase 88.36% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16021800000.0 (%).Trend:Increase 45.18% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5208700000.0 (%).Trend:Decrease 67.49% than previous quarter

Overall: decreasing (-52.8%). 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 34.57 (%).Trend:Decrease 0.23% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.22 (%).Trend:Increase 7.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 41.15 (%).Trend:Increase 10.56% than previous quarter

Overall: increasing (19.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.21 (USD).Trend:Increase 40.7% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.67 (USD).Trend:Increase 120.66% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.98 (USD).Trend:Decrease 25.84% than previous quarter

Overall: increasing (63.64%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial statements present a mixed picture. Liabilities on revenue declined (-10.4%), while current assets increased (14.85%), both with limited fluctuation. The ratio of retained earnings to revenue increased noticeably (19.65%) with little change. SG&A expenses decreased (-52.8%) with significant quarter-to-quarter variability.  Investment efficiency (retained earnings on assets) increased by 19.03% with low variation.  Earnings per share increased (63.64%) but exhibited significant quarter-to-quarter change.  Overall, the data suggest a positive financial trend in some areas but notable fluctuation and volatility, especially in cost efficiency and earnings.