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 12800000000.0 (%).Trend:Increase 19.18% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 12710000000.0 (%).Trend:Decrease 0.7% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 13830000000.0 (%).Trend:Increase 8.81% than previous quarter

Overall: increasing (8.05%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 34950000000.0 (%).Trend:Increase 21.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 29060000000.0 (%).Trend:Decrease 16.85% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 32460000000.0 (%).Trend:Increase 11.7% than previous quarter

Overall: decreasing (-7.12%). 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 -185910000000.0 (%).Trend:Decrease 18.35% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -213280000000.0 (%).Trend:Increase 14.72% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -249650000000.0 (%).Trend:Increase 17.05% than previous quarter

Overall: decreasing (34.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8400000000.0 (%).Trend:Increase 130.14% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11660000000.0 (%).Trend:Increase 38.81% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3830000000.0 (%).Trend:Decrease 67.15% than previous quarter

Overall: decreasing (-54.4%). 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 -256.22 (%).Trend:Decrease 24.5% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -323.2 (%).Trend:Increase 26.14% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -366.7 (%).Trend:Increase 13.46% than previous quarter

Overall: decreasing (43.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.26 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 30.77% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 41.18% than previous quarter

Overall: decreasing (-23.08%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 financial data reveals increasing liabilities on revenue with little fluctuation. Current assets, however, are decreasing with minimal variation. Significant variation is seen in cost efficiency, with a substantial drop in the retained earnings-to-revenue ratio. SG&A expenses declined substantially, and invest efficiency and earnings per share also decreased noticeably.