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 14527400000.0 (%).Trend:Increase 7.84% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 13680300000.0 (%).Trend:Decrease 5.83% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 11439700000.0 (%).Trend:Decrease 16.38% than previous quarter

Overall: decreasing (-21.25%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 34261200000.0 (%).Trend:Increase 5.62% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 36048100000.0 (%).Trend:Increase 5.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 31485200000.0 (%).Trend:Decrease 12.66% than previous quarter

Overall: decreasing (-8.1%). 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 83769800000.0 (%).Trend:Increase 1.14% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 82855600000.0 (%).Trend:Decrease 1.09% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 83464500000.0 (%).Trend:Increase 0.73% than previous quarter

Overall: decreasing (-0.36%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9580100000.0 (%).Trend:Increase 96.82% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11369700000.0 (%).Trend:Increase 18.68% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3886900000.0 (%).Trend:Decrease 65.81% than previous quarter

Overall: decreasing (-59.43%). 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 86.56 (%).Trend:Decrease 0.79% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 86.59 (%).Trend:Increase 0.03% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 88.61 (%).Trend:Increase 2.33% than previous quarter

Overall: increasing (2.37%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial review of Q2 2020 to Q1 2021 reveals a somewhat unstable financial picture.  Liabilities on revenue and current assets on revenue decreased, while the ratio of retained earnings to revenue is showing minimal changes.  However, there is a significant decrease in the Selling, General, and Administrative (SG&A) expense ratio, suggesting potential cost-cutting efforts.  Invest efficiency, based on retained earnings on assets, is increasing with little fluctuation.