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 24.81 (%).Trend:Decrease 52.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14.39 (%).Trend:Decrease 42.0% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 46.73 (%).Trend:Increase 224.74% than previous quarter

Overall: increasing (88.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 62.04 (%).Trend:Decrease 50.71% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.73 (%).Trend:Decrease 27.9% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 180.27 (%).Trend:Increase 303.02% than previous quarter

Overall: increasing (190.57%). 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 128.72 (%).Trend:Decrease 54.92% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 78.55 (%).Trend:Decrease 38.98% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 246.78 (%).Trend:Increase 214.17% than previous quarter

Overall: increasing (91.72%). 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 43.44 (%).Trend:Decrease 6.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 41.86 (%).Trend:Decrease 3.64% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 35.03 (%).Trend:Decrease 16.32% than previous quarter

Overall: decreasing (-19.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Q2 2020 to Q1 2021 financial statements show substantial volatility. Liabilities and current assets on revenue show substantial upward trends with significant quarter-to-quarter swings.  Cost efficiency (retained earnings-to-revenue ratio) also experiences a strong upward trend, with high variation. Investment efficiency (retained earnings on assets) shows a downward trend with moderate variation.