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 104.01 (%).Trend:Decrease 44.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 69.95 (%).Trend:Decrease 32.75% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 208.24 (%).Trend:Increase 197.7% than previous quarter

Overall: increasing (100.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 152.58 (%).Trend:Decrease 43.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 99.99 (%).Trend:Decrease 34.47% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 330.11 (%).Trend:Increase 230.14% than previous quarter

Overall: increasing (116.35%). 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 -102.49 (%).Trend:Decrease 45.55% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -69.65 (%).Trend:Decrease 32.04% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -217.36 (%).Trend:Increase 212.07% than previous quarter

Overall: decreasing (112.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.45 (%).Trend:Increase 0.08% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.03 (%).Trend:Decrease 3.37% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.28 (%).Trend:Increase 2.08% than previous quarter

Overall: decreasing (-1.37%). 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 -27.75 (%).Trend:Increase 1.17% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -28.37 (%).Trend:Increase 2.23% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -28.22 (%).Trend:Decrease 0.53% than previous quarter

Overall: decreasing (1.69%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 reveal significant fluctuations across key metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, shows increasing trends with substantial volatility. Cost efficiency reveals a substantial and volatile decrease in the retained earnings-to-revenue ratio. The selling, general, and administrative (SG&A) expense ratio shows minimal fluctuation, while investment efficiency (retained earnings on assets) also exhibits substantial volatility.  The data suggests significant and erratic financial performance.