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 24.81 (%).Trend:Decrease 52.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14.39 (%).Trend:Decrease 42.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 46.73 (%).Trend:Increase 224.74% than previous quarter

Overall: increasing (88.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 62.04 (%).Trend:Decrease 50.71% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.73 (%).Trend:Decrease 27.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 180.27 (%).Trend:Increase 303.02% than previous quarter

Overall: increasing (190.57%). 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 128.72 (%).Trend:Decrease 54.92% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 78.55 (%).Trend:Decrease 38.98% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 246.78 (%).Trend:Increase 214.17% than previous quarter

Overall: increasing (91.72%). 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 43.44 (%).Trend:Decrease 6.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 41.86 (%).Trend:Decrease 3.64% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.03 (%).Trend:Decrease 16.32% than previous quarter

Overall: decreasing (-19.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 reveal substantial fluctuations in key metrics.  Liabilities and current assets on revenue demonstrate strong upward trends with significant volatility. Cost efficiency, using the ratio of retained earnings to revenue, exhibits a similarly strong upward trend with substantial changes between quarters. Investment efficiency (retained earnings on assets) shows a downward trend with moderate fluctuation.