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 143789900000.0 (%).Trend:Increase 0.06% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 160272300000.0 (%).Trend:Increase 11.46% than previous quarter

Overall: increasing (11.53%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 265473300000.0 (%).Trend:Increase 4.04% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 281319100000.0 (%).Trend:Increase 5.97% than previous quarter

Overall: increasing (10.25%). 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 94292000000.0 (%).Trend:Increase 4.46% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 100449000000.0 (%).Trend:Increase 6.53% than previous quarter

Overall: increasing (11.28%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16933300000.0 (%).Trend:Increase 48.4% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5877600000.0 (%).Trend:Decrease 65.29% than previous quarter

Overall: decreasing (-48.49%). 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 23.02 (%).Trend:Increase 1.01% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 23.09 (%).Trend:Increase 0.3% than previous quarter

Overall: increasing (1.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -1.0 (USD).Trend:Decrease 50.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 84.0% than previous quarter

Overall: increasing (-92.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2020 to Q1 2021 reveals increasing liabilities and current assets on revenue, with stable trends. The ratio of retained earnings to revenue also increases, but the SG&A expense ratio exhibits significant variation, decreasing considerably in Q1 2021.  Investment efficiency shows a slight overall increase in retained earnings on assets, while earnings per share show significant negative values and high variation.