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 9835300000.0 (%).Trend:Increase 10.59% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 7390700000.0 (%).Trend:Decrease 24.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 4031200000.0 (%).Trend:Decrease 45.46% than previous quarter

Overall: decreasing (-59.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 7226900000.0 (%).Trend:Increase 22.26% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 6323200000.0 (%).Trend:Decrease 12.5% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 5567600000.0 (%).Trend:Decrease 11.95% than previous quarter

Overall: decreasing (-22.96%). 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 -8779500000.0 (%).Trend:Increase 204.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -8481400000.0 (%).Trend:Decrease 3.4% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -9936100000.0 (%).Trend:Increase 17.15% than previous quarter

Overall: decreasing (13.17%). 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 -10.92 (%).Trend:Increase 226.95% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -10.77 (%).Trend:Decrease 1.37% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -12.97 (%).Trend:Increase 20.43% than previous quarter

Overall: decreasing (18.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.14 (USD).Trend:Increase 14.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.24 (USD).Trend:Decrease 78.95% than previous quarter

Overall: increasing (-76.0%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2020 to Q1 2021 reveals a significant decrease in liabilities on revenue (-59.01%) and a less significant decrease in current assets on revenue (-22.96%).  The ratio of retained earnings to revenue and retained earnings on assets also decreased significantly (13.17% and 18.77% respectively) with high volatility. Earnings per share increased overall (-76.0%) with significant fluctuation.