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 258385500000.0 (%).Trend:Decrease 12.7% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 233426600000.0 (%).Trend:Decrease 9.66% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 181005400000.0 (%).Trend:Decrease 22.46% than previous quarter

Overall: decreasing (-29.95%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 275066800000.0 (%).Trend:Increase 62.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 265249900000.0 (%).Trend:Decrease 3.57% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 377932300000.0 (%).Trend:Increase 42.48% than previous quarter

Overall: increasing (37.4%). 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 123477600000.0 (%).Trend:Decrease 36.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 55741000000.0 (%).Trend:Decrease 54.86% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -166001100000.0 (%).Trend:Decrease 397.81% than previous quarter

Overall: decreasing (-234.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40212500000.0 (%).Trend:Increase 48.56% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55878100000.0 (%).Trend:Increase 38.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20319500000.0 (%).Trend:Decrease 63.64% than previous quarter

Overall: decreasing (-49.47%). 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 7.04 (%).Trend:Decrease 40.59% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.2 (%).Trend:Decrease 54.55% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -8.75 (%).Trend:Decrease 373.44% than previous quarter

Overall: decreasing (-224.29%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -11.46 (USD).Trend:Increase 30.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share -13.55 (USD).Trend:Increase 18.24% than previous quarter
Year 2021 Quarter 1: Earning Per Share -4.16 (USD).Trend:Decrease 69.3% than previous quarter

Overall: increasing (-63.7%). Fluctuation: **Significant** (high variation).



From Q2 2020 to Q1 2021, liabilities on revenue decreased (-29.95%), exhibiting moderate fluctuation. Current assets on revenue increased (37.4%), also with moderate fluctuation.  Cost efficiency was significantly impacted: retained earnings to revenue decreased dramatically (-234.44%), and SG&A expense ratio decreased (-49.47%), both with high fluctuation. Investment efficiency metrics, retained earnings on assets and earnings per share, showed significant decreases (-224.29% and -63.7% respectively), with significant fluctuation.