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 42.11 (%).Trend:Decrease 33.93% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.19 (%).Trend:Decrease 35.43% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 67.17 (%).Trend:Increase 147.04% than previous quarter

Overall: increasing (59.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 37.79 (%).Trend:Decrease 47.67% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 31.36 (%).Trend:Decrease 17.02% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 79.45 (%).Trend:Increase 153.35% than previous quarter

Overall: increasing (110.24%). 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 41.66 (%).Trend:Decrease 38.89% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 27.88 (%).Trend:Decrease 33.08% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 75.25 (%).Trend:Increase 169.91% than previous quarter

Overall: increasing (80.63%). 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 27.68 (%).Trend:Increase 7.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 26.52 (%).Trend:Decrease 4.19% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 29.63 (%).Trend:Increase 11.73% than previous quarter

Overall: increasing (7.04%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 highlight significant, though fluctuating, trends. Working capital efficiency (liabilities and current assets on revenue) displays a significant overall upward trend but with significant quarter-to-quarter changes.  Cost efficiency (ratio of retained earnings to revenue) similarly shows a substantial overall increase, with noteworthy variability.  Investment efficiency (retained earnings on assets) shows a less dramatic but overall positive trend with little fluctuation.