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 10968100000.0 (%).Trend:Decrease 5.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 11367500000.0 (%).Trend:Increase 3.64% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 9885600000.0 (%).Trend:Decrease 13.04% than previous quarter

Overall: decreasing (-9.87%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 21093800000.0 (%).Trend:Decrease 7.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22242800000.0 (%).Trend:Increase 5.45% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 22788000000.0 (%).Trend:Increase 2.45% than previous quarter

Overall: increasing (8.03%). 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 -88181100000.0 (%).Trend:Increase 2.11% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -90290900000.0 (%).Trend:Increase 2.39% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -96684500000.0 (%).Trend:Increase 7.08% than previous quarter

Overall: decreasing (9.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -65.1 (%).Trend:Increase 4.09% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -68.53 (%).Trend:Increase 5.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -81.91 (%).Trend:Increase 19.52% than previous quarter

Overall: decreasing (25.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 101.67% than previous quarter

Overall: increasing (-101.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2020 to Q1 2021 reveal a stable decline in liabilities on revenue (-9.87%) and a slight rise in current assets (8.03%). The ratio of retained earnings to revenue decreased (9.64%) with notable fluctuation. Investment efficiency (retained earnings on assets) decreased (25.82%) with substantial volatility. Earnings per share increased, with significant variation (-101.67%). The data suggests a period of change and volatility, demanding deeper analysis.