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 115.21 (%).Trend:Decrease 40.89% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 82.08 (%).Trend:Decrease 28.76% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 290.69 (%).Trend:Increase 254.15% than previous quarter

Overall: increasing (152.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 115.79 (%).Trend:Decrease 44.41% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.61 (%).Trend:Decrease 29.52% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 289.39 (%).Trend:Increase 254.6% than previous quarter

Overall: increasing (149.93%). 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 -171.29 (%).Trend:Decrease 48.58% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -124.31 (%).Trend:Decrease 27.43% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -476.95 (%).Trend:Increase 283.68% than previous quarter

Overall: decreasing (178.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.57 (%).Trend:Decrease 17.68% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.24 (%).Trend:Decrease 2.92% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.19 (%).Trend:Increase 8.93% than previous quarter

Overall: increasing (5.75%). Fluctuation: **Little** (low 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 -96.3 (%).Trend:Decrease 0.91% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -98.89 (%).Trend:Increase 2.69% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -89.75 (%).Trend:Decrease 9.24% than previous quarter

Overall: increasing (-6.8%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 exhibit significant fluctuations across key performance indicators. Working capital metrics (liabilities and current assets on revenue) saw increases, but with substantial quarter-to-quarter changes. Cost efficiency shows a substantial decrease in the ratio of retained earnings to revenue, despite variability.  The SG&A expense ratio saw consistent increases. Investment efficiency saw a slight overall increase in retained earnings on assets.