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 36.46 (%).Trend:Decrease 51.91% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.73 (%).Trend:Decrease 10.23% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 48.76 (%).Trend:Increase 48.98% than previous quarter

Overall: increasing (33.74%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 58.92 (%).Trend:Decrease 44.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 39.12 (%).Trend:Decrease 33.6% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 88.53 (%).Trend:Increase 126.3% than previous quarter

Overall: increasing (50.25%). 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 5.38 (%).Trend:Decrease 13.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 6.11 (%).Trend:Increase 13.57% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 23.23 (%).Trend:Increase 280.2% than previous quarter

Overall: increasing (331.78%). 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 2.04 (%).Trend:Increase 55.73% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.72 (%).Trend:Increase 82.35% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 6.45 (%).Trend:Increase 73.39% than previous quarter

Overall: increasing (216.18%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 indicate improving financial health with mixed trends. Liabilities on revenue show a neutral overall increase, although with notable fluctuations. Current assets on revenue also show an overall increase, although significant quarter-to-quarter variation. Cost efficiency, with the ratio of retained earnings to revenue increasing substantially, reveals a strong upward trend despite high variability.  Investment efficiency, measured by retained earnings on assets, also shows a significant increase with fluctuations.