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 460.74 (%).Trend:Decrease 17.27% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 339.21 (%).Trend:Decrease 26.38% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 739.45 (%).Trend:Increase 117.99% than previous quarter

Overall: increasing (60.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 521.58 (%).Trend:Decrease 20.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 379.3 (%).Trend:Decrease 27.28% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1462.17 (%).Trend:Increase 285.49% than previous quarter

Overall: increasing (180.33%). 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 -495.77 (%).Trend:Decrease 48.7% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -286.77 (%).Trend:Decrease 42.16% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -670.99 (%).Trend:Increase 133.98% than previous quarter

Overall: decreasing (35.34%). 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 -51.5 (%).Trend:Decrease 53.87% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -46.21 (%).Trend:Decrease 10.27% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -33.54 (%).Trend:Decrease 27.42% than previous quarter

Overall: increasing (-34.87%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show inconsistent trends.  While liabilities on revenue and current assets on revenue increased overall, significant fluctuations exist, raising concerns about operational stability. The ratio of retained earnings to revenue decreased, suggesting potential issues in cost management, despite significant volatility. Similarly, retained earnings on assets are increasing, but with large variations.  This analysis requires further investigation to pinpoint the causes of these fluctuations.