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 589100000000.0 (%).Trend:Decrease 11.16% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 692100000000.0 (%).Trend:Increase 17.48% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 728800000000.0 (%).Trend:Increase 5.3% than previous quarter

Overall: increasing (23.71%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 966200000000.0 (%).Trend:Decrease 13.06% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 941200000000.0 (%).Trend:Decrease 2.59% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 829500000000.0 (%).Trend:Decrease 11.87% than previous quarter

Overall: decreasing (-14.15%). 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 -2107300000000.0 (%).Trend:Increase 9.2% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -2216200000000.0 (%).Trend:Increase 5.17% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2323800000000.0 (%).Trend:Increase 4.86% than previous quarter

Overall: decreasing (10.27%). Fluctuation: **Significant** (high 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 -74.62 (%).Trend:Increase 16.36% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -76.7 (%).Trend:Increase 2.79% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -67.06 (%).Trend:Decrease 12.57% than previous quarter

Overall: increasing (-10.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -2.72 (USD).Trend:Increase 60.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.33 (USD).Trend:Increase 22.43% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 98.2% than previous quarter

Overall: increasing (-97.79%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 show an increasing trend in liabilities on revenue (23.71%), while current assets on revenue are decreasing.  Cost efficiency, as measured by the ratio of retained earnings to revenue, declined over the period.  Investment efficiency increased, but with significant fluctuations. Earnings per share decreased from Q2 to Q1 2021 with considerable fluctuation. These mixed signals highlight the need for a deeper analysis into operational efficiency, earnings management, and cost reduction strategies.