Working Capital Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 2: Liabilities on Revenue 30.55 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19.7 (%).Trend:Decrease 35.52% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 85.99 (%).Trend:Increase 336.5% than previous quarter

Overall: increasing (181.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 76.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 48.02 (%).Trend:Decrease 37.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 199.26 (%).Trend:Increase 314.95% than previous quarter

Overall: increasing (161.02%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 2: Ratio of Retained Earnings to Revenue 8.61 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 7.42 (%).Trend:Decrease 13.82% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 26.16 (%).Trend:Increase 252.56% than previous quarter

Overall: increasing (203.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.57 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.75 (%).Trend:Decrease 2.97% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.34 (%).Trend:Increase 35.85% than previous quarter

Overall: increasing (31.81%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 2: Retained Earning on Assets 6.58 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 8.86 (%).Trend:Increase 34.65% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 7.31 (%).Trend:Decrease 17.49% than previous quarter

Overall: increasing (11.09%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Working capital efficiency shows significant fluctuations, with liabilities on revenue and current assets on revenue both increasing substantially in Q1 2020 and then experiencing significant decreases in Q2 2021. Cost efficiency, with the SG&A expense ratio showing a neutral fluctuation, and invest efficiency, with retained earnings on assets showing a neutral fluctuation, display more moderate variations. Overall, there's a general upward trend in all categories, although significant swings occur in working capital efficiency and earning per share.