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 1052300000000.0 (%).Trend:Decrease 11.03% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 995300000000.0 (%).Trend:Decrease 5.42% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 1286900000000.0 (%).Trend:Increase 29.3% than previous quarter

Overall: increasing (22.29%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 2289500000000.0 (%).Trend:Increase 21.7% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 2266100000000.0 (%).Trend:Decrease 1.02% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 2129900000000.0 (%).Trend:Decrease 6.01% than previous quarter

Overall: decreasing (-6.97%). 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 -2016800000000.0 (%).Trend:Decrease 5.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -1985100000000.0 (%).Trend:Decrease 1.57% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2163900000000.0 (%).Trend:Increase 9.01% than previous quarter

Overall: decreasing (7.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 261100000000.0 (%).Trend:Increase 98.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 395700000000.0 (%).Trend:Increase 51.55% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 125400000000.0 (%).Trend:Decrease 68.31% than previous quarter

Overall: decreasing (-51.97%). 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 -31.02 (%).Trend:Decrease 10.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -30.71 (%).Trend:Decrease 1.0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -34.6 (%).Trend:Increase 12.67% than previous quarter

Overall: decreasing (11.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 6.16 (USD).Trend:Increase 99.35% than previous quarter
Year 2020 Quarter 3: Earning Per Share 9.61 (USD).Trend:Increase 56.01% than previous quarter
Year 2021 Quarter 1: Earning Per Share 2.85 (USD).Trend:Decrease 70.34% than previous quarter

Overall: decreasing (-53.73%). Fluctuation: **Significant** (high variation).



The analysis spans Q2 2020 to Q1 2021. Liabilities on revenue increased significantly, while current assets decreased slightly with low variation. Cost efficiency metrics showed high variation.  Retained earnings to revenue decreased, while SG&A expenses decreased drastically. Investment efficiency showed significant fluctuation, with retained earnings on assets decreasing and earnings per share decreasing significantly.