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 27.76 (%).Trend:Decrease 41.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14.96 (%).Trend:Decrease 46.11% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 58.35 (%).Trend:Increase 290.04% than previous quarter

Overall: increasing (110.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 88.54 (%).Trend:Decrease 45.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 55.08 (%).Trend:Decrease 37.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 187.21 (%).Trend:Increase 239.89% than previous quarter

Overall: increasing (111.44%). 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 79.16 (%).Trend:Decrease 48.78% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 52.57 (%).Trend:Decrease 33.59% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 127.96 (%).Trend:Increase 143.41% than previous quarter

Overall: increasing (61.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.13 (%).Trend:Decrease 1.26% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Decrease 0.71% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.44 (%).Trend:Decrease 11.33% than previous quarter

Overall: decreasing (-11.96%). Fluctuation: **Little** (low 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 50.38 (%).Trend:Decrease 2.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 54.85 (%).Trend:Increase 8.87% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 44.69 (%).Trend:Decrease 18.52% than previous quarter

Overall: decreasing (-11.29%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 shows significant fluctuations. Working capital efficiency metrics, such as liabilities and current assets on revenue, exhibit substantial increases overall. Cost efficiency metrics, particularly the ratio of retained earnings to revenue, show a considerable increase, but contrast with a slight decrease in SG&A expense ratio. Investment efficiency displays a decrease in retained earnings on assets with moderate variation.