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 42.11 (%).Trend:Decrease 33.93% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.19 (%).Trend:Decrease 35.43% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 67.17 (%).Trend:Increase 147.04% than previous quarter

Overall: increasing (59.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 37.79 (%).Trend:Decrease 47.67% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 31.36 (%).Trend:Decrease 17.02% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 79.45 (%).Trend:Increase 153.35% than previous quarter

Overall: increasing (110.24%). 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 41.66 (%).Trend:Decrease 38.89% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 27.88 (%).Trend:Decrease 33.08% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 75.25 (%).Trend:Increase 169.91% than previous quarter

Overall: increasing (80.63%). 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 27.68 (%).Trend:Increase 7.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 26.52 (%).Trend:Decrease 4.19% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 29.63 (%).Trend:Increase 11.73% than previous quarter

Overall: increasing (7.04%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show notable yet fluctuating trends. Working capital efficiency (liabilities and current assets on revenue) exhibits an overall upward trend, but with substantial swings between quarters.  Cost efficiency (ratio of retained earnings to revenue) also shows a significant overall increase with similar quarter-to-quarter variability.  Investment efficiency (retained earnings on assets) presents a less volatile, overall upward trend.