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).



Financial analysis from Q2 2020 to Q1 2021 indicates increasing liabilities on revenue (8.05%), with little fluctuation. However, current assets on revenue are decreasing (-7.12%) with minimal variation.  Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue (34.29%) and significant variation, reflecting instability. Selling, general, and administrative (SG&A) expense ratio decreased by 54.4%, highlighting a significant fluctuation. Investment efficiency also shows a substantial decrease (43.12%) with substantial variation. Earnings per share decreased by 23.08%, demonstrating significant variation.