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 2174400000.0 (%).Trend:Increase 6.37% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 2682500000.0 (%).Trend:Increase 23.37% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 2129300000.0 (%).Trend:Decrease 20.62% than previous quarter

Overall: decreasing (-2.07%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 12702400000.0 (%).Trend:Decrease 5.91% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 13139400000.0 (%).Trend:Increase 3.44% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 13081500000.0 (%).Trend:Decrease 0.44% than previous quarter

Overall: increasing (2.98%). 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 14514800000.0 (%).Trend:Decrease 7.19% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 13691600000.0 (%).Trend:Decrease 5.67% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 13692700000.0 (%).Trend:Increase 0.01% than previous quarter

Overall: decreasing (-5.66%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4234000000.0 (%).Trend:Increase 93.9% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6651700000.0 (%).Trend:Increase 57.1% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1767100000.0 (%).Trend:Decrease 73.43% than previous quarter

Overall: decreasing (-58.26%). 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 55.75 (%).Trend:Decrease 4.18% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 53.36 (%).Trend:Decrease 4.29% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.18 (%).Trend:Increase 1.54% than previous quarter

Overall: decreasing (-2.82%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.79 (USD).Trend:Decrease 758.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.39 (USD).Trend:Increase 75.95% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 110.07% than previous quarter

Overall: increasing (-117.72%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show mixed results. Liabilities on revenue decreased slightly (-2.07%), while current assets rose by 2.98%.  Cost efficiency, reflected in the ratio of retained earnings to revenue, showed a decline (-5.66%).  Selling, general, and administrative expenses also fell significantly (-58.26%),  while investment efficiency declined (-2.82%).  Earnings per share remained negative but showed an increase and decrease trend overall. The financial performance exhibits variability in different areas of operation.