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 158930000000.0 (%).Trend:Decrease 2.31% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 181420000000.0 (%).Trend:Increase 14.15% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 250130000000.0 (%).Trend:Increase 37.87% than previous quarter

Overall: increasing (57.38%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 237290000000.0 (%).Trend:Increase 21.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 251450000000.0 (%).Trend:Increase 5.97% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 290650000000.0 (%).Trend:Increase 15.59% than previous quarter

Overall: increasing (22.49%). 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 92640000000.0 (%).Trend:Increase 7.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 81530000000.0 (%).Trend:Decrease 11.99% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 42320000000.0 (%).Trend:Decrease 48.09% than previous quarter

Overall: decreasing (-54.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12740000000.0 (%).Trend:Increase 93.91% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18440000000.0 (%).Trend:Increase 44.74% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4710000000.0 (%).Trend:Decrease 74.46% than previous quarter

Overall: decreasing (-63.03%). 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 14.39 (%).Trend:Increase 1.77% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 12.5 (%).Trend:Decrease 13.13% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 6.28 (%).Trend:Decrease 49.76% than previous quarter

Overall: decreasing (-56.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -3.08 (USD).Trend:Decrease 28.04% than previous quarter
Year 2020 Quarter 3: Earning Per Share -4.28 (USD).Trend:Increase 38.96% than previous quarter
Year 2021 Quarter 1: Earning Per Share -1.34 (USD).Trend:Decrease 68.69% than previous quarter

Overall: increasing (-56.49%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows increasing liabilities on revenue (57.38%) with moderate fluctuation, and increasing current assets on revenue (22.49%) with moderate fluctuation, over the three quarters. Cost efficiency shows decreasing retained earnings to revenue (-54.32%) with significant fluctuation, and decreasing SG&A expense ratio (-63.03%) with significant fluctuation. Invest efficiency shows decreasing retained earnings on assets (-56.36%) with significant fluctuation, and fluctuating earnings per share (-56.49%) with significant fluctuation.  Key takeaways are negative trends in cost and investment efficiencies, while working capital shows increasing but fluctuating trends.