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 56563900000.0 (%).Trend:Decrease 5.55% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59401500000.0 (%).Trend:Increase 5.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 54328100000.0 (%).Trend:Decrease 8.54% than previous quarter

Overall: decreasing (-3.95%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 163981000000.0 (%).Trend:Increase 7.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 152244500000.0 (%).Trend:Decrease 7.16% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 152493900000.0 (%).Trend:Increase 0.16% than previous quarter

Overall: decreasing (-7.01%). 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 154641900000.0 (%).Trend:Increase 3.69% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 156611500000.0 (%).Trend:Increase 1.27% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 158456300000.0 (%).Trend:Increase 1.18% than previous quarter

Overall: increasing (2.47%). 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 46.99 (%).Trend:Increase 0.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 46.87 (%).Trend:Decrease 0.26% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 48.24 (%).Trend:Increase 2.92% than previous quarter

Overall: increasing (2.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.62 (USD).Trend:Increase 129.82% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.27 (USD).Trend:Increase 24.81% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 74.62% than previous quarter

Overall: decreasing (-68.32%). Fluctuation: **Significant** (high variation).



The analysis highlights several key areas for concern.  Working capital efficiency (liabilities and current assets on revenue) shows a slight but persistent negative trend. Cost efficiency (ratio of retained earnings to revenue) demonstrates a stable, positive growth, while investment efficiency (retained earnings on assets) also exhibits positive growth.  A significant concern is the substantial decline in earnings per share (-68.32%) between Q3 2020 and Q1 2021, indicating a need for immediate investigation into the underlying reasons. The data show little fluctuation in most metrics, except earnings per share.