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 5936300000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 6202700000.0 (%).Trend:Increase 4.49% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 5751300000.0 (%).Trend:Decrease 7.28% than previous quarter

Overall: decreasing (-3.12%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 22400200000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22718300000.0 (%).Trend:Increase 1.42% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 20430500000.0 (%).Trend:Decrease 10.07% than previous quarter

Overall: decreasing (-8.79%). 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 21598600000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21813100000.0 (%).Trend:Increase 0.99% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 18654000000.0 (%).Trend:Decrease 14.48% than previous quarter

Overall: decreasing (-13.63%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4447800000.0 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6728600000.0 (%).Trend:Increase 51.28% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1917700000.0 (%).Trend:Decrease 71.5% than previous quarter

Overall: decreasing (-56.88%). 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 53.91 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 54.2 (%).Trend:Increase 0.54% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 54.95 (%).Trend:Increase 1.38% than previous quarter

Overall: increasing (1.93%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show mixed results. Liabilities on revenue are decreasing slightly, while current assets on revenue are also decreasing. The ratio of retained earnings to revenue is declining, indicating a possible pressure on cost efficiency.  SG&A expense ratio is significantly decreasing.  Investment efficiency (retained earnings on assets) is increasing, although with slight fluctuation.