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 101729900000.0 (%).Trend:Decrease 22.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 105247600000.0 (%).Trend:Increase 3.46% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 100938000000.0 (%).Trend:Decrease 4.09% than previous quarter

Overall: decreasing (-0.78%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 111868900000.0 (%).Trend:Decrease 32.18% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 135494600000.0 (%).Trend:Increase 21.12% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 108771800000.0 (%).Trend:Decrease 19.72% than previous quarter

Overall: decreasing (-2.77%). 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 -577148100000.0 (%).Trend:Increase 2.44% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -590741700000.0 (%).Trend:Increase 2.36% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -627188700000.0 (%).Trend:Increase 6.17% than previous quarter

Overall: decreasing (8.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22339200000.0 (%).Trend:Increase 80.59% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33026300000.0 (%).Trend:Increase 47.84% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9757000000.0 (%).Trend:Decrease 70.46% than previous quarter

Overall: decreasing (-56.32%). 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 -103.73 (%).Trend:Increase 12.75% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -101.83 (%).Trend:Decrease 1.83% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -117.96 (%).Trend:Increase 15.84% than previous quarter

Overall: decreasing (13.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 48.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.19 (USD).Trend:Increase 33.71% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.71 (USD).Trend:Decrease 40.34% than previous quarter

Overall: increasing (-20.22%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 demonstrates declining trends across most metrics. Liabilities on revenue are decreasing with little fluctuation. Current assets on revenue are also decreasing, but with moderate variation. Cost efficiency, measured by retained earnings-to-revenue, displays a downward trend and significant volatility. Investment efficiency (retained earnings on assets) follows a downward trajectory with substantial variation. Earnings per share show mixed trends with notable volatility.  The selling, general, and administrative (SG&A) expense ratio is declining significantly. Overall, the financial performance in the period shows a pattern of decreasing efficiency across the board with the most volatility in SG&A.