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 88200000000.0 (%).Trend:Decrease 2.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 96500000000.0 (%).Trend:Increase 9.41% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 96300000000.0 (%).Trend:Decrease 0.21% than previous quarter

Overall: increasing (9.18%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 208600000000.0 (%).Trend:Increase 6.97% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 267000000000.0 (%).Trend:Increase 28.0% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 264200000000.0 (%).Trend:Decrease 1.05% than previous quarter

Overall: increasing (26.65%). 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 275100000000.0 (%).Trend:Increase 1.21% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 280900000000.0 (%).Trend:Increase 2.11% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 283000000000.0 (%).Trend:Increase 0.75% than previous quarter

Overall: increasing (2.87%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 80900000000.0 (%).Trend:Increase 96.84% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 122700000000.0 (%).Trend:Increase 51.67% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38800000000.0 (%).Trend:Decrease 68.38% than previous quarter

Overall: decreasing (-52.04%). 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 24.65 (%).Trend:Decrease 1.2% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 23.61 (%).Trend:Decrease 4.22% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 21.11 (%).Trend:Decrease 10.59% than previous quarter

Overall: decreasing (-14.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 1.18 (USD).Trend:Increase 96.67% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.85 (USD).Trend:Increase 56.78% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 73.51% than previous quarter

Overall: decreasing (-58.47%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 show mixed results. Liabilities on revenue trended upwards with little fluctuation. Current assets on revenue also rose overall, but with some fluctuations. Cost efficiency displayed a slight increase in the retained earnings to revenue ratio. However, SG&A expense ratio declined significantly, but with high variation. Investment efficiency showed a general downward trend in retained earnings on assets with minimal variation. Earnings per share also exhibited significant fluctuations and a downward trend overall.