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 232610200.0 (%).Trend:Increase 2.87% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 338945700.0 (%).Trend:Increase 45.71% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1271938000.0 (%).Trend:Increase 275.26% than previous quarter

Overall: increasing (446.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 13440458100.0 (%).Trend:Increase 16.62% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 12546549200.0 (%).Trend:Decrease 6.65% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 10377560200.0 (%).Trend:Decrease 17.29% than previous quarter

Overall: decreasing (-22.79%). 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 -14165066600.0 (%).Trend:Increase 8.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -15855317300.0 (%).Trend:Increase 11.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -20153048400.0 (%).Trend:Increase 27.11% than previous quarter

Overall: decreasing (42.27%). Fluctuation: **Significant** (high 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 -105.27 (%).Trend:Decrease 6.91% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -126.24 (%).Trend:Increase 19.92% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -194.03 (%).Trend:Increase 53.7% than previous quarter

Overall: decreasing (84.32%). Fluctuation: **Significant** (high variation).

Earning Per Share


Liabilities on revenue show a significant increase (446.81%) with high variation, particularly in the first quarter of 2021.  Current assets on revenue exhibit a decrease (-22.79%) with moderate fluctuation. Cost efficiency, measured by the ratio of retained earnings to revenue, is decreasing substantially (42.27%) and fluctuates significantly.  Investment efficiency, measured by retained earnings on assets, is also declining (84.32%) with high variation. Further analysis is essential to identify the underlying causes.