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 92381200.0 (%).Trend:Decrease 29.42% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 88714800.0 (%).Trend:Decrease 3.97% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 119933600.0 (%).Trend:Increase 35.19% than previous quarter

Overall: increasing (29.82%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 2249466600.0 (%).Trend:Decrease 4.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 2933250900.0 (%).Trend:Increase 30.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 3254218800.0 (%).Trend:Increase 10.94% than previous quarter

Overall: increasing (44.67%). 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 6064137900.0 (%).Trend:Decrease 1.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 5952603300.0 (%).Trend:Decrease 1.84% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 5562334700.0 (%).Trend:Decrease 6.56% than previous quarter

Overall: decreasing (-8.27%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 69845900.0 (%).Trend:Increase 111.65% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 102644800.0 (%).Trend:Increase 46.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35501100.0 (%).Trend:Decrease 65.41% than previous quarter

Overall: decreasing (-49.17%). 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 73.7 (%).Trend:Decrease 0.2% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 73.38 (%).Trend:Decrease 0.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 70.51 (%).Trend:Decrease 3.91% than previous quarter

Overall: decreasing (-4.33%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q2 2020 to Q1 2021 data shows generally positive trends in working capital efficiency, with increasing liabilities and current assets on revenue.  Cost efficiency presents a contrasting picture; while retained earnings decreased consistently, SG&A expenses fluctuated significantly, showing an overall decrease. Investment efficiency reveals a slight decrease in retained earnings on assets, though minimal variation was observed.  Overall, the data indicates the need for further evaluation of the financial health of the business.