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 107.0 (%).Trend:Decrease 52.05% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 69.57 (%).Trend:Decrease 34.98% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 198.9 (%).Trend:Increase 185.9% than previous quarter

Overall: increasing (85.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 186.35 (%).Trend:Decrease 50.39% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 124.11 (%).Trend:Decrease 33.4% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 346.66 (%).Trend:Increase 179.32% than previous quarter

Overall: increasing (86.03%). 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 -113.05 (%).Trend:Decrease 48.32% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -73.18 (%).Trend:Decrease 35.27% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -178.37 (%).Trend:Increase 143.74% than previous quarter

Overall: decreasing (57.78%). 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 -39.48 (%).Trend:Increase 4.58% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -39.02 (%).Trend:Decrease 1.17% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -36.17 (%).Trend:Decrease 7.3% than previous quarter

Overall: increasing (-8.38%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2020 to Q1 2021 shows considerable volatility.  Liabilities and current assets on revenue both increased significantly in Q1 2021, after a period of decrease.  Cost efficiency, as indicated by the ratio of retained earnings to revenue, demonstrates a substantial decline throughout the period. Investment efficiency, reflected in retained earnings on assets, displays a moderate upward trend, but with significant quarterly fluctuations.  The provided information highlights the importance of investigating the underlying causes for these fluctuations and whether they reflect sustainable trends.