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 89320000000.0 (%).Trend:Decrease 24.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 121270000000.0 (%).Trend:Increase 35.77% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 104870000000.0 (%).Trend:Decrease 13.52% than previous quarter

Overall: increasing (17.41%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 159170000000.0 (%).Trend:Decrease 9.21% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 129800000000.0 (%).Trend:Decrease 18.45% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 131760000000.0 (%).Trend:Increase 1.51% than previous quarter

Overall: decreasing (-17.22%). Fluctuation: **Neutral** (moderate 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 116360000000.0 (%).Trend:Increase 4.45% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 125980000000.0 (%).Trend:Increase 8.27% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 144170000000.0 (%).Trend:Increase 14.44% than previous quarter

Overall: increasing (23.9%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34690000000.0 (%).Trend:Increase 78.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55340000000.0 (%).Trend:Increase 59.53% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23980000000.0 (%).Trend:Decrease 56.67% than previous quarter

Overall: decreasing (-30.87%). 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 39.65 (%).Trend:Increase 9.23% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 35.68 (%).Trend:Decrease 10.01% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 40.25 (%).Trend:Increase 12.81% than previous quarter

Overall: increasing (1.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 166.67% than previous quarter
Year 2021 Quarter 1: Earning Per Share 4.81 (USD).Trend:Decrease 39.88% than previous quarter

Overall: increasing (60.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency in Q2 2020 - Q1 2021 shows liabilities on revenue decreasing overall with moderate fluctuation, while current assets on revenue decreased moderately overall with moderate fluctuation.  Cost efficiency exhibits an increasing trend (23.9%) in the ratio of retained earnings to revenue with moderate variation.  SG&A expense ratio shows a decrease (-30.87%) overall with substantial quarterly fluctuation.  Invest efficiency shows a minor increase (1.51%) in retained earnings on assets with low variation. Earnings per share increased significantly (60.33%) but with high quarterly volatility.