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 29.28 (%).Trend:Decrease 47.1% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.12 (%).Trend:Decrease 21.04% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 67.79 (%).Trend:Increase 193.21% than previous quarter

Overall: increasing (131.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 105.85 (%).Trend:Decrease 44.26% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 97.58 (%).Trend:Decrease 7.81% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 245.21 (%).Trend:Increase 151.29% than previous quarter

Overall: increasing (131.66%). 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 21.13 (%).Trend:Decrease 58.24% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 11.08 (%).Trend:Decrease 47.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 20.35 (%).Trend:Increase 83.66% than previous quarter

Overall: decreasing (-3.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.08 (%).Trend:Increase 7.94% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.32 (%).Trend:Decrease 3.59% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.66 (%).Trend:Decrease 5.62% than previous quarter

Overall: decreasing (-9.01%). 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 4.51 (%).Trend:Decrease 29.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.3 (%).Trend:Decrease 26.83% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.23 (%).Trend:Decrease 32.42% than previous quarter

Overall: decreasing (-50.55%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 exhibit significant fluctuations across metrics. Liabilities on revenue increased, although fluctuating substantially, while current assets on revenue also increased with similar volatility.  The ratio of retained earnings to revenue shows a slight decrease, but with significant changes in each quarter. Investment efficiency decreased significantly. Selling, general, and administrative (SG&A) expenses displayed a small decrease. The observed volatility across key metrics demands closer examination.