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 21669000000.0 (%).Trend:Decrease 15.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22795900000.0 (%).Trend:Increase 5.2% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 20496100000.0 (%).Trend:Decrease 10.09% than previous quarter

Overall: decreasing (-5.41%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 58099100000.0 (%).Trend:Decrease 2.17% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 53109000000.0 (%).Trend:Decrease 8.59% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 54477700000.0 (%).Trend:Increase 2.58% than previous quarter

Overall: decreasing (-6.23%). 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 68575800000.0 (%).Trend:Increase 3.31% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 68807900000.0 (%).Trend:Increase 0.34% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 72654600000.0 (%).Trend:Increase 5.59% than previous quarter

Overall: increasing (5.95%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17691300000.0 (%).Trend:Increase 97.56% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26013600000.0 (%).Trend:Increase 47.04% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8303700000.0 (%).Trend:Decrease 68.08% than previous quarter

Overall: decreasing (-53.06%). 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 56.4 (%).Trend:Increase 4.62% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 60.34 (%).Trend:Increase 6.99% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 61.8 (%).Trend:Increase 2.42% than previous quarter

Overall: increasing (9.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 2.65 (USD).Trend:Increase 89.29% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.18 (USD).Trend:Increase 20.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.27 (USD).Trend:Decrease 60.06% than previous quarter

Overall: decreasing (-52.08%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a decrease in liabilities on revenue over three quarters (Q2 2020 to Q1 2021), with little fluctuation. Current assets on revenue also show a slight decrease over this time period. Cost efficiency reveals a significant decrease in the SG&A expense ratio during the three quarters, with high variation.  Investment efficiency shows a steady increase in retained earnings on assets (9.57%), but a substantial decline in earnings per share (-52.08%) during the period, with significant fluctuation.