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 24.97 (%).Trend:Decrease 44.03% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.32 (%).Trend:Decrease 14.62% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 55.28 (%).Trend:Increase 159.29% than previous quarter

Overall: increasing (121.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 84.5 (%).Trend:Decrease 50.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 61.89 (%).Trend:Decrease 26.76% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 176.74 (%).Trend:Increase 185.57% than previous quarter

Overall: increasing (109.16%). 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 83.9 (%).Trend:Decrease 52.64% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 54.12 (%).Trend:Decrease 35.49% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 133.8 (%).Trend:Increase 147.23% than previous quarter

Overall: increasing (59.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.49 (%).Trend:Increase 0.46% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.43 (%).Trend:Increase 5.37% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.47 (%).Trend:Decrease 26.91% than previous quarter

Overall: decreasing (-22.98%). Fluctuation: **Neutral** (moderate 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 63.23 (%).Trend:Decrease 4.86% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 59.28 (%).Trend:Decrease 6.25% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 58.86 (%).Trend:Decrease 0.71% than previous quarter

Overall: decreasing (-6.91%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show significant volatility.  Working capital efficiency shows increasing trends in liabilities and current assets on revenue, despite substantial fluctuations. Cost efficiency shows an increasing trend in the ratio of retained earnings to revenue but with marked fluctuations.  SG&A expense ratio displays a slight decrease overall with moderate fluctuations. Investment efficiency exhibits a consistent downward trend in retained earnings on assets with minimal variation.