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 26140000000.0 (%).Trend:Decrease 7.07% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24310000000.0 (%).Trend:Decrease 7.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 20300000000.0 (%).Trend:Decrease 16.5% than previous quarter

Overall: decreasing (-22.34%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 78920000000.0 (%).Trend:Increase 0.96% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81650000000.0 (%).Trend:Increase 3.46% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 59850000000.0 (%).Trend:Decrease 26.7% than previous quarter

Overall: decreasing (-24.16%). 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 83360000000.0 (%).Trend:Decrease 1.41% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 80850000000.0 (%).Trend:Decrease 3.01% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 80400000000.0 (%).Trend:Decrease 0.56% than previous quarter

Overall: decreasing (-3.55%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14140000000.0 (%).Trend:Increase 93.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21460000000.0 (%).Trend:Increase 51.77% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8030000000.0 (%).Trend:Decrease 62.58% than previous quarter

Overall: decreasing (-43.21%). 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 40.56 (%).Trend:Decrease 2.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 39.95 (%).Trend:Decrease 1.5% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 38.64 (%).Trend:Decrease 3.28% than previous quarter

Overall: decreasing (-4.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 10.32 (USD).Trend:Decrease 2.82% than previous quarter
Year 2020 Quarter 3: Earning Per Share 9.37 (USD).Trend:Decrease 9.21% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.87 (USD).Trend:Decrease 90.72% than previous quarter

Overall: decreasing (-91.57%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2020 to Q1 2021 reveals a consistent decrease in liabilities on revenue (-22.34%), indicating improved financial health. Current assets on revenue also decrease (-24.16%), which may reflect adjustments in business strategy or operational efficiency. Cost efficiency shows a decreasing trend for the ratio of retained earnings to revenue by 3.55%.  SG&A expense ratio displays a substantial decrease (-43.21%) followed by a decline in retained earning on assets (-4.73%) and a drastic decrease in earning per share (-91.57%) between Q2 2020 and Q1 2021.