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 2523100000000.0 (%).Trend:Decrease 4.85% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 2497800000000.0 (%).Trend:Decrease 1.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 2657800000000.0 (%).Trend:Increase 6.41% than previous quarter

Overall: increasing (5.34%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 3786200000000.0 (%).Trend:Increase 0.73% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 3853400000000.0 (%).Trend:Increase 1.77% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 4258100000000.0 (%).Trend:Increase 10.5% than previous quarter

Overall: increasing (12.46%). 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 3484100000000.0 (%).Trend:Decrease 1.87% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 3550800000000.0 (%).Trend:Increase 1.91% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 3669700000000.0 (%).Trend:Increase 3.35% than previous quarter

Overall: increasing (5.33%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 230000000000.0 (%).Trend:Increase 105.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 342600000000.0 (%).Trend:Increase 48.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 123900000000.0 (%).Trend:Decrease 63.84% than previous quarter

Overall: decreasing (-46.13%). 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 45.5 (%).Trend:Decrease 2.74% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 46.27 (%).Trend:Increase 1.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 45.46 (%).Trend:Decrease 1.75% than previous quarter

Overall: decreasing (-0.09%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.85 (USD).Trend:Increase 42.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 4.08 (USD).Trend:Increase 43.16% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.8 (USD).Trend:Decrease 31.37% than previous quarter

Overall: decreasing (-1.75%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q2 2020 to Q1 2021 show increasing liabilities on revenue, and current assets on revenue.  Cost efficiency shows a steady increase in the ratio of retained earnings to revenue but a significant decrease in SG&A expenses. Investment efficiency shows a slight decrease in retained earnings on assets. Earnings per share show initial increases followed by a decrease in Q1 2021.