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 38.63 (%).Trend:Decrease 41.29% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 28.58 (%).Trend:Decrease 26.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 78.56 (%).Trend:Increase 174.88% than previous quarter

Overall: increasing (103.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 61.42 (%).Trend:Decrease 48.44% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 40.27 (%).Trend:Decrease 34.44% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 117.2 (%).Trend:Increase 191.04% than previous quarter

Overall: increasing (90.82%). 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 52.23 (%).Trend:Decrease 53.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 34.09 (%).Trend:Decrease 34.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 64.18 (%).Trend:Increase 88.27% than previous quarter

Overall: increasing (22.88%). 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 41.77 (%).Trend:Decrease 6.28% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 40.79 (%).Trend:Decrease 2.35% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.22 (%).Trend:Decrease 25.91% than previous quarter

Overall: decreasing (-27.65%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Significant volatility is evident in Q2 2020-Q1 2021 data.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased substantially, exhibiting high variation.  However, retained earnings on assets displayed a decrease with moderate fluctuation.  The absence of data for SG&A expense ratio and earnings per share hinders a full evaluation.