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 3310700000.0 (%).Trend:Decrease 15.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 4098100000.0 (%).Trend:Increase 23.78% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 3725800000.0 (%).Trend:Decrease 9.08% than previous quarter

Overall: increasing (12.54%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 9705300000.0 (%).Trend:Increase 4.6% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 11138100000.0 (%).Trend:Increase 14.76% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 10679600000.0 (%).Trend:Decrease 4.12% than previous quarter

Overall: increasing (10.04%). 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 8786900000.0 (%).Trend:Increase 7.4% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 12415200000.0 (%).Trend:Increase 41.29% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 11735500000.0 (%).Trend:Decrease 5.47% than previous quarter

Overall: increasing (33.56%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 646000000.0 (%).Trend:Increase 83.0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1039300000.0 (%).Trend:Increase 60.88% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 315400000.0 (%).Trend:Decrease 69.65% than previous quarter

Overall: decreasing (-51.18%). 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 24.46 (%).Trend:Increase 7.47% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 28.44 (%).Trend:Increase 16.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 28.12 (%).Trend:Decrease 1.13% than previous quarter

Overall: increasing (14.96%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2020 to Q1 2021 indicate a somewhat mixed financial performance. Liabilities on revenue and current assets on revenue have a mixed trend with slight increases and decreases, while the ratio of retained earnings to revenue shows a significant increase initially, followed by a moderate decrease. Selling, General, and Administrative (SG&A) expense ratios declined substantially during Q1 2021, signaling a significant decrease from prior quarters.  Overall, investment efficiency demonstrates a positive increase. Further investigation is needed to understand the underlying causes of the mixed results, particularly the significant drop in SG&A.