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 71.59 (%).Trend:Decrease 25.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 35.18 (%).Trend:Decrease 50.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 113.5 (%).Trend:Increase 222.63% than previous quarter

Overall: increasing (58.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 90.85 (%).Trend:Decrease 54.62% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 42.79 (%).Trend:Decrease 52.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 89.03 (%).Trend:Increase 108.06% than previous quarter

Overall: decreasing (-2.0%). 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 -436.74 (%).Trend:Decrease 30.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -291.13 (%).Trend:Decrease 33.34% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -665.57 (%).Trend:Increase 128.62% than previous quarter

Overall: decreasing (52.4%). 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 -89.82 (%).Trend:Increase 24.39% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -100.83 (%).Trend:Increase 12.26% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -123.18 (%).Trend:Increase 22.17% than previous quarter

Overall: decreasing (37.14%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased substantially (58.54%) but with high variability. Current assets on revenue decreased slightly but significantly. Cost efficiency, measured by the ratio of retained earnings to revenue, also displayed a notable decrease (52.4%) and substantial volatility. Investment efficiency, as measured by retained earnings on assets, likewise decreased (37.14%) with high variation.