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 536100000.0 (%).Trend:Decrease 49.07% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 593800000.0 (%).Trend:Increase 10.76% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 681400000.0 (%).Trend:Increase 14.75% than previous quarter

Overall: increasing (27.1%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 16074900000.0 (%).Trend:Decrease 3.63% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 15999900000.0 (%).Trend:Decrease 0.47% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 13958300000.0 (%).Trend:Decrease 12.76% than previous quarter

Overall: decreasing (-13.17%). 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 -198200000.0 (%).Trend:Decrease 4.11% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -158700000.0 (%).Trend:Decrease 19.93% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2185500000.0 (%).Trend:Increase 1277.13% than previous quarter

Overall: decreasing (1002.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 383600000.0 (%).Trend:Increase 99.58% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 578500000.0 (%).Trend:Increase 50.81% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 163000000.0 (%).Trend:Decrease 71.82% than previous quarter

Overall: decreasing (-57.51%). 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 -1.08 (%).Trend:Decrease 0.92% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -0.86 (%).Trend:Decrease 20.37% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -12.98 (%).Trend:Increase 1409.3% than previous quarter

Overall: decreasing (1101.85%). Fluctuation: **Significant** (high variation).

Earning Per Share


This financial analysis reviews working capital efficiency, liabilities on revenue, cost efficiency, the ratio of retained earnings to revenue, investment efficiency (retained earnings on assets), and earnings per share for three quarters (Q2 2020 to Q1 2021).  Key insights reveal increasing liabilities on revenue, decreasing current assets, significant fluctuations in cost efficiency and the ratio of retained earnings to revenue, and highly volatile investment efficiency metrics.