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 34.36 (%).Trend:Decrease 43.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 25.35 (%).Trend:Decrease 26.22% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.02 (%).Trend:Increase 124.93% than previous quarter

Overall: increasing (65.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 149.92 (%).Trend:Decrease 48.09% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 104.98 (%).Trend:Decrease 29.98% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 388.02 (%).Trend:Increase 269.61% than previous quarter

Overall: increasing (158.82%). 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 64.73 (%).Trend:Decrease 49.04% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 44.14 (%).Trend:Decrease 31.81% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 134.73 (%).Trend:Increase 205.23% than previous quarter

Overall: increasing (108.14%). 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 28.05 (%).Trend:Increase 2.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 28.12 (%).Trend:Increase 0.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 25.75 (%).Trend:Decrease 8.43% than previous quarter

Overall: decreasing (-8.2%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis of Q2 2020 to Q1 2021 shows substantial fluctuations. Liabilities and current assets on revenue increased significantly, signifying a potential strain on working capital.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also saw a substantial increase but a significant drop in the Q1 2021 quarter. Investment efficiency, represented by retained earnings on assets, saw only a modest decrease. Earnings per share data is missing, suggesting a possible error or lack of data. Overall, the company's financial performance during this period is marked by considerable volatility, particularly in working capital management and cost efficiency.