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 73690000000.0 (%).Trend:Decrease 16.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 74800000000.0 (%).Trend:Increase 1.51% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 89010000000.0 (%).Trend:Increase 19.0% than previous quarter

Overall: increasing (20.79%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 238370000000.0 (%).Trend:Increase 24.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 213230000000.0 (%).Trend:Decrease 10.55% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 225650000000.0 (%).Trend:Increase 5.82% than previous quarter

Overall: decreasing (-5.34%). 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 11560000000.0 (%).Trend:Decrease 62.35% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 15160000000.0 (%).Trend:Increase 31.14% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 28980000000.0 (%).Trend:Increase 91.16% than previous quarter

Overall: increasing (150.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48030000000.0 (%).Trend:Increase 104.12% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 70450000000.0 (%).Trend:Increase 46.68% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25110000000.0 (%).Trend:Decrease 64.36% than previous quarter

Overall: decreasing (-47.72%). 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 0.94 (%).Trend:Decrease 63.42% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.27 (%).Trend:Increase 35.11% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.39 (%).Trend:Increase 88.19% than previous quarter

Overall: increasing (154.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.32 (USD).Trend:Decrease 194.29% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.81 (USD).Trend:Decrease 38.64% than previous quarter
Year 2021 Quarter 1: Earning Per Share 1.24 (USD).Trend:Decrease 253.09% than previous quarter

Overall: increasing (-193.94%). Fluctuation: **Significant** (high variation).



The financial statements, from Q2 2020 to Q1 2021, show mixed trends.  Liabilities on revenue are increasing, with little variation, while current assets on revenue are decreasing. Cost efficiency displays significant fluctuations, with the ratio of retained earnings to revenue increasing markedly. SG&A expense ratio also shows substantial fluctuation, trending down overall. Investment efficiency displays substantial increases in retained earnings on assets, showing large variations. Earnings per share increased despite large fluctuations.