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 106132900000.0 (%).Trend:Decrease 3.18% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 123034300000.0 (%).Trend:Increase 15.92% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 152276300000.0 (%).Trend:Increase 23.77% than previous quarter

Overall: increasing (43.48%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 279918800000.0 (%).Trend:Increase 2.58% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 224500900000.0 (%).Trend:Decrease 19.8% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 256375600000.0 (%).Trend:Increase 14.2% than previous quarter

Overall: decreasing (-8.41%). 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 98504200000.0 (%).Trend:Increase 0.82% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 105984000000.0 (%).Trend:Increase 7.59% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 102741400000.0 (%).Trend:Decrease 3.06% than previous quarter

Overall: increasing (4.3%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 65249900000.0 (%).Trend:Increase 71.3% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 106887700000.0 (%).Trend:Increase 63.81% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44387500000.0 (%).Trend:Decrease 58.47% than previous quarter

Overall: decreasing (-31.97%). 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 17.92 (%).Trend:Increase 1.41% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 21.76 (%).Trend:Increase 21.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 20.19 (%).Trend:Decrease 7.22% than previous quarter

Overall: increasing (12.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.25 (USD).Trend:Decrease 10.07% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 106.4% than previous quarter
Year 2021 Quarter 1: Earning Per Share 4.13 (USD).Trend:Increase 5062.5% than previous quarter

Overall: increasing (-430.4%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue increased substantially (43.48%) with moderate fluctuation. Current assets on revenue decreased (-8.41%), also moderately. The ratio of retained earnings to revenue increased (4.3%) with little fluctuation, while SG&A expenses decreased (-31.97%) significantly and showed high variation. Retained earnings on assets increased (12.67%) with little fluctuation.  Earnings per share showed a substantial increase (-430.4%) and high variation.