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 92381200.0 (%).Trend:Decrease 29.42% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 88714800.0 (%).Trend:Decrease 3.97% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 119933600.0 (%).Trend:Increase 35.19% than previous quarter

Overall: increasing (29.82%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 2249466600.0 (%).Trend:Decrease 4.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 2933250900.0 (%).Trend:Increase 30.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 3254218800.0 (%).Trend:Increase 10.94% than previous quarter

Overall: increasing (44.67%). 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 6064137900.0 (%).Trend:Decrease 1.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 5952603300.0 (%).Trend:Decrease 1.84% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 5562334700.0 (%).Trend:Decrease 6.56% than previous quarter

Overall: decreasing (-8.27%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 69845900.0 (%).Trend:Increase 111.65% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 102644800.0 (%).Trend:Increase 46.96% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35501100.0 (%).Trend:Decrease 65.41% than previous quarter

Overall: decreasing (-49.17%). 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 73.7 (%).Trend:Decrease 0.2% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 73.38 (%).Trend:Decrease 0.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 70.51 (%).Trend:Decrease 3.91% than previous quarter

Overall: decreasing (-4.33%). Fluctuation: **Little** (low variation).

Earning Per Share


Analyzing Q2 2020 to Q1 2021 data shows a positive trend in working capital efficiency, with both liabilities and current assets on revenue increasing. Cost efficiency shows mixed results: retained earnings decreased steadily, while SG&A expenses decreased significantly after an initial increase. Investment efficiency reveals a small but consistent decline in retained earnings on assets. The data suggests a need to evaluate the interplay between revenue growth, cost management, and profitability to ensure sustained financial health.