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 440600000000.0 (%).Trend:Decrease 20.41% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 427300000000.0 (%).Trend:Decrease 3.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 484900000000.0 (%).Trend:Increase 13.48% than previous quarter

Overall: increasing (10.05%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 709900000000.0 (%).Trend:Decrease 1.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 769900000000.0 (%).Trend:Increase 8.45% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 854400000000.0 (%).Trend:Increase 10.98% than previous quarter

Overall: increasing (20.35%). 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 1439200000000.0 (%).Trend:Increase 1.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 1476900000000.0 (%).Trend:Increase 2.62% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 1539900000000.0 (%).Trend:Increase 4.27% than previous quarter

Overall: increasing (7.0%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 113400000000.0 (%).Trend:Increase 84.69% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 167200000000.0 (%).Trend:Increase 47.44% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 47200000000.0 (%).Trend:Decrease 71.77% than previous quarter

Overall: decreasing (-58.38%). 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 42.47 (%).Trend:Increase 1.29% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 42.74 (%).Trend:Increase 0.64% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 43.43 (%).Trend:Increase 1.61% than previous quarter

Overall: increasing (2.26%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency, measured by liabilities on revenue, decreased significantly from Q2 2020 to Q3 2020, then increased slightly in Q1 2021. Current assets on revenue also show an increasing trend. Cost efficiency shows a substantial increase in SG&A expenses in Q2 and Q3 2020, but a large decrease in Q1 2021.  The ratio of retained earnings to revenue shows a steady increase across the period. Investment efficiency shows a modest increase in retained earnings on assets. Earning per share shows a significant increase.