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 35852100000.0 (%).Trend:Decrease 0.05% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 37885900000.0 (%).Trend:Increase 5.67% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 40456800000.0 (%).Trend:Increase 6.79% than previous quarter

Overall: increasing (12.84%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 71625000000.0 (%).Trend:Increase 4.38% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 67793600000.0 (%).Trend:Decrease 5.35% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 50449600000.0 (%).Trend:Decrease 25.58% than previous quarter

Overall: decreasing (-29.56%). 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 49424300000.0 (%).Trend:Increase 0.41% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 51080500000.0 (%).Trend:Increase 3.35% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 53405900000.0 (%).Trend:Increase 4.55% than previous quarter

Overall: increasing (8.06%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43577400000.0 (%).Trend:Increase 83.71% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 63464500000.0 (%).Trend:Increase 45.64% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21243600000.0 (%).Trend:Decrease 66.53% than previous quarter

Overall: decreasing (-51.25%). 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 23.99 (%).Trend:Decrease 0.37% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 25.45 (%).Trend:Increase 6.09% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.21 (%).Trend:Increase 10.84% than previous quarter

Overall: increasing (17.59%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.08 (USD).Trend:Decrease 24.48% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.38 (USD).Trend:Decrease 64.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 252.63% than previous quarter

Overall: increasing (-153.7%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial data show a positive trend in liabilities on revenue (12.84%) and a negative trend in current assets (-29.56%). Cost efficiency displays an increase in the ratio of retained earnings to revenue (8.06%), but a large decrease in SG&A expense ratio (-51.25%).  Investment efficiency indicates a positive trend in retained earnings on assets (17.59%), while earnings per share show an overall increase (-153.7%).  Significant variations across key metrics suggest substantial operational or strategic changes.