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 1508000000.0 (%).Trend:Decrease 0.07% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 1387100000.0 (%).Trend:Decrease 8.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1385500000.0 (%).Trend:Decrease 0.12% than previous quarter

Overall: decreasing (-8.12%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 7127800000.0 (%).Trend:Increase 3.8% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 7092100000.0 (%).Trend:Decrease 0.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 7654900000.0 (%).Trend:Increase 7.94% than previous quarter

Overall: increasing (7.39%). 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 7772900000.0 (%).Trend:Increase 4.82% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 8134400000.0 (%).Trend:Increase 4.65% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8176300000.0 (%).Trend:Increase 0.52% than previous quarter

Overall: increasing (5.19%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1247000000.0 (%).Trend:Increase 102.44% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1856600000.0 (%).Trend:Increase 48.89% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 614900000.0 (%).Trend:Decrease 66.88% than previous quarter

Overall: decreasing (-50.69%). 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 76.69 (%).Trend:Increase 0.78% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 79.95 (%).Trend:Increase 4.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 77.11 (%).Trend:Decrease 3.55% than previous quarter

Overall: increasing (0.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.37 (USD).Trend:Increase 117.65% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.56 (USD).Trend:Increase 51.35% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 76.79% than previous quarter

Overall: decreasing (-64.86%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 financial data suggests a mixed performance.  Liabilities on revenue are decreasing steadily (-8.12%), exhibiting little fluctuation. Current assets on revenue are increasing (7.39%), also with little fluctuation. Cost efficiency (ratio of retained earnings to revenue) is steadily increasing (5.19%), and investment efficiency (retained earnings on assets) is also increasing slightly (0.55%). However, selling, general, and administrative (SG&A) expenses show a significant drop (-50.69%) and earnings per share are declining (-64.86%), indicating potential operational challenges and a need for strategic adjustments.