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 60.96 (%).Trend:Decrease 47.45% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.26 (%).Trend:Decrease 32.32% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 109.39 (%).Trend:Increase 165.12% than previous quarter

Overall: increasing (79.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 188.57 (%).Trend:Decrease 37.55% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 135.85 (%).Trend:Decrease 27.96% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 478.84 (%).Trend:Increase 252.48% than previous quarter

Overall: increasing (153.93%). Fluctuation: **Significant** (high 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 -60.97 (%).Trend:Decrease 47.07% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -35.42 (%).Trend:Decrease 41.91% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -44.6 (%).Trend:Increase 25.92% than previous quarter

Overall: increasing (-26.85%). 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 -22.35 (%).Trend:Decrease 6.76% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -19.0 (%).Trend:Decrease 14.99% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -7.34 (%).Trend:Decrease 61.37% than previous quarter

Overall: increasing (-67.16%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show substantial instability in working capital efficiency, with notable fluctuations in liability and current asset-to-revenue ratios. Cost efficiency (retained earnings to revenue) shows a slight overall increase but high variability across quarters. Investment efficiency (retained earnings on assets) also displays an increasing trend with significant quarter-to-quarter swings.