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 57755200000.0 (%).Trend:Increase 12.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60382300000.0 (%).Trend:Increase 4.55% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 65546600000.0 (%).Trend:Increase 8.55% than previous quarter

Overall: increasing (13.49%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 26688900000.0 (%).Trend:Decrease 1.18% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 30576400000.0 (%).Trend:Increase 14.57% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 30240000000.0 (%).Trend:Decrease 1.1% than previous quarter

Overall: increasing (13.31%). 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 38144900000.0 (%).Trend:Decrease 1.31% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 46730300000.0 (%).Trend:Increase 22.51% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 45759600000.0 (%).Trend:Decrease 2.08% than previous quarter

Overall: increasing (19.96%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 11.35 (%).Trend:Decrease 4.86% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 13.33 (%).Trend:Increase 17.44% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 13.18 (%).Trend:Decrease 1.13% than previous quarter

Overall: increasing (16.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.31 (USD).Trend:Decrease 26.19% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.66 (USD).Trend:Decrease 635.48% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 103.61% than previous quarter

Overall: increasing (-80.65%). Fluctuation: **Significant** (high variation).



Q2 2020 to Q1 2021 financial statements indicate a steady increase in liabilities on revenue, with minor fluctuations.  Current assets on revenue also show a slight increase overall with low volatility. The ratio of retained earnings to revenue shows an overall increase, with little variation. Investment efficiency shows a stable increase with minor fluctuations in retained earnings on assets. Earnings per share are still volatile, though increasing overall from negative figures in the first two quarters to negative in the third.