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 26.12 (%).Trend:Decrease 53.12% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 17.54 (%).Trend:Decrease 32.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 57.92 (%).Trend:Increase 230.22% than previous quarter

Overall: increasing (121.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 73.47 (%).Trend:Decrease 47.82% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 47.2 (%).Trend:Decrease 35.76% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 132.65 (%).Trend:Increase 181.04% than previous quarter

Overall: increasing (80.55%). 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 6.78 (%).Trend:Decrease 526.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 7.35 (%).Trend:Increase 8.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 35.38 (%).Trend:Increase 381.36% than previous quarter

Overall: increasing (421.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.95 (%).Trend:Decrease 7.75% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.37 (%).Trend:Increase 3.84% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.66 (%).Trend:Decrease 6.24% than previous quarter

Overall: decreasing (-2.65%). 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 2.14 (%).Trend:Decrease 991.67% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.56 (%).Trend:Increase 66.36% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 5.58 (%).Trend:Increase 56.74% than previous quarter

Overall: increasing (160.75%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show a mixed bag of performance.  Working capital efficiency, including liabilities and current assets on revenue, show a substantial increase.  Cost efficiency, however, shows varying results with retained earnings to revenue exhibiting a significant increase and SG&A expense ratio showing a slight decrease. Investment efficiency also shows a significant increase.  Earning per share displays a slight overall decreasing trend.