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 20.4 (%).Trend:Decrease 39.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 11.84 (%).Trend:Decrease 41.96% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 70.73 (%).Trend:Increase 497.38% than previous quarter

Overall: increasing (246.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 137.39 (%).Trend:Decrease 63.8% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 99.89 (%).Trend:Decrease 27.29% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 454.9 (%).Trend:Increase 355.4% than previous quarter

Overall: increasing (231.1%). 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 191.76 (%).Trend:Decrease 52.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 136.99 (%).Trend:Decrease 28.56% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 443.96 (%).Trend:Increase 224.08% than previous quarter

Overall: increasing (131.52%). 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 37.56 (%).Trend:Decrease 4.13% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 38.16 (%).Trend:Increase 1.6% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.3 (%).Trend:Decrease 20.6% than previous quarter

Overall: decreasing (-19.33%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 show large fluctuations in key financial metrics. Liabilities on revenue increased dramatically, but with significant decreases between periods. Current assets on revenue show similar erratic behavior. Cost efficiency, measured by the retained earnings-to-revenue ratio, increased over the period, but with substantial fluctuations. Investment efficiency (retained earnings on assets) shows a slight decrease overall.