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 36.46 (%).Trend:Decrease 51.91% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.73 (%).Trend:Decrease 10.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 48.76 (%).Trend:Increase 48.98% than previous quarter

Overall: increasing (33.74%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 58.92 (%).Trend:Decrease 44.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 39.12 (%).Trend:Decrease 33.6% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 88.53 (%).Trend:Increase 126.3% than previous quarter

Overall: increasing (50.25%). 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 5.38 (%).Trend:Decrease 13.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 6.11 (%).Trend:Increase 13.57% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 23.23 (%).Trend:Increase 280.2% than previous quarter

Overall: increasing (331.78%). 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 2.04 (%).Trend:Increase 55.73% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.72 (%).Trend:Increase 82.35% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 6.45 (%).Trend:Increase 73.39% than previous quarter

Overall: increasing (216.18%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show some positive trends with substantial fluctuations. Liabilities on revenue showed an initial decline, followed by an increase, with a neutral overall variation. Current assets on revenue displayed an overall increase, though with significant swings in individual quarters. Cost efficiency, as measured by retained earnings to revenue, shows an overall positive trend. Investment efficiency, using retained earnings on assets, also shows an increasing trend.