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 61500000000.0 (%).Trend:Decrease 50.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 68100000000.0 (%).Trend:Increase 10.73% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 89100000000.0 (%).Trend:Increase 30.84% than previous quarter

Overall: increasing (44.88%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 113600000000.0 (%).Trend:Decrease 23.24% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 117100000000.0 (%).Trend:Increase 3.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 148900000000.0 (%).Trend:Increase 27.16% than previous quarter

Overall: increasing (31.07%). 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 199700000000.0 (%).Trend:Increase 1.84% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 190500000000.0 (%).Trend:Decrease 4.61% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 201300000000.0 (%).Trend:Increase 5.67% than previous quarter

Overall: increasing (0.8%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10500000000.0 (%).Trend:Increase 94.44% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15400000000.0 (%).Trend:Increase 46.67% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5500000000.0 (%).Trend:Decrease 64.29% than previous quarter

Overall: decreasing (-47.62%). 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 16.71 (%).Trend:Increase 6.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.97 (%).Trend:Decrease 4.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 16.76 (%).Trend:Increase 4.95% than previous quarter

Overall: increasing (0.3%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.2 (USD).Trend:Increase 287.1% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.07 (USD).Trend:Decrease 10.83% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.7 (USD).Trend:Decrease 34.58% than previous quarter

Overall: decreasing (-41.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show an overall increasing trend in working capital efficiency, with moderate fluctuations in liabilities and current assets.  Cost efficiency displays a slightly increasing ratio of retained earnings to revenue with low variation.  However, SG&A expense ratios exhibit a significant decrease in Q1 2021 after substantial increases in prior quarters. Investment efficiency showcases a slightly increasing retained earnings on assets ratio with low variation.  Earnings per share show a significant initial increase, followed by a decline, with significant fluctuation.