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 1417.63 (%).Trend:Decrease 24.58% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 930.09 (%).Trend:Decrease 34.39% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 678.38 (%).Trend:Decrease 27.06% than previous quarter

Overall: decreasing (-52.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 4423.05 (%).Trend:Decrease 42.47% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 2344.47 (%).Trend:Decrease 46.99% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 6837.32 (%).Trend:Increase 191.64% than previous quarter

Overall: increasing (54.58%). 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 -36327.97 (%).Trend:Decrease 45.15% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -24416.48 (%).Trend:Decrease 32.79% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -25334.18 (%).Trend:Increase 3.76% than previous quarter

Overall: increasing (-30.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1253.73 (%).Trend:Increase 4.06% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1293.03 (%).Trend:Increase 3.13% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 491.43 (%).Trend:Decrease 61.99% than previous quarter

Overall: decreasing (-60.8%). Fluctuation: **Significant** (high variation).


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 -567.35 (%).Trend:Decrease 10.6% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -651.55 (%).Trend:Increase 14.84% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -296.28 (%).Trend:Decrease 54.53% than previous quarter

Overall: increasing (-47.78%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 reveal significant fluctuations in key financial metrics.  Liabilities on revenue decreased substantially with high variability, while current assets on revenue showed a decrease, followed by a significant increase, again demonstrating high variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibited an upward trend, but high fluctuation. The Selling, General, and Administrative (SG&A) expense ratio showed a considerable decrease with major variation.  Investment efficiency (retained earnings on assets) also displayed an increase with substantial fluctuation.  The significant volatility in all categories suggests dynamic financial conditions and a need for a deeper analysis of underlying causes.