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 28.59 (%).Trend:Decrease 60.47% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.74 (%).Trend:Decrease 44.95% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 82.26 (%).Trend:Increase 422.62% than previous quarter

Overall: increasing (187.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 54.43 (%).Trend:Decrease 62.02% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 33.0 (%).Trend:Decrease 39.37% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 96.89 (%).Trend:Increase 193.61% than previous quarter

Overall: increasing (78.01%). 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 21.11 (%).Trend:Decrease 57.61% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 14.72 (%).Trend:Decrease 30.27% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 55.59 (%).Trend:Increase 277.65% than previous quarter

Overall: increasing (163.33%). 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 20.26 (%).Trend:Increase 44.51% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 21.07 (%).Trend:Increase 4.0% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 16.88 (%).Trend:Decrease 19.89% than previous quarter

Overall: decreasing (-16.68%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 reveals significant fluctuations in working capital (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue).  While these categories show substantial growth overall, there are large variations between quarters.  Investment efficiency, measured by retained earnings on assets, exhibits a negative overall trend with moderate quarterly variations.  The data indicates instability in key financial metrics across the period.