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 86090000000.0 (%).Trend:Decrease 14.53% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 106520000000.0 (%).Trend:Increase 23.73% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 119010000000.0 (%).Trend:Increase 11.73% than previous quarter

Overall: increasing (38.24%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 248020000000.0 (%).Trend:Increase 13.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 285030000000.0 (%).Trend:Increase 14.92% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 289080000000.0 (%).Trend:Increase 1.42% than previous quarter

Overall: increasing (16.56%). 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 41110000000.0 (%).Trend:Decrease 16.76% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 49360000000.0 (%).Trend:Increase 20.07% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 57850000000.0 (%).Trend:Increase 17.2% than previous quarter

Overall: increasing (40.72%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34960000000.0 (%).Trend:Increase 78.92% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51610000000.0 (%).Trend:Increase 47.63% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17910000000.0 (%).Trend:Decrease 65.3% than previous quarter

Overall: decreasing (-48.77%). 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 6.16 (%).Trend:Decrease 20.31% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.01 (%).Trend:Increase 13.8% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 8.24 (%).Trend:Increase 17.55% than previous quarter

Overall: increasing (33.77%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.13 (USD).Trend:Decrease 159.09% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.22 (USD).Trend:Decrease 269.23% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 72.73% than previous quarter

Overall: increasing (-146.15%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2020 to Q1 2021 reveals increasing liabilities on revenue (38.24%) with moderate variation.  Current assets on revenue also increased (16.56%) with minimal fluctuations.  Cost efficiency showed an increase in the ratio of retained earnings to revenue (40.72%) with moderate variation, but a decrease in SG&A expense ratio (-48.77%) with significant fluctuations. Investment efficiency saw a rise in retained earnings on assets (33.77%) with moderate variation.  Earning per share was significantly volatile with considerable losses overall.