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 32.36 (%).Trend:Decrease 80.47% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.49 (%).Trend:Decrease 42.86% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 120.67 (%).Trend:Increase 552.62% than previous quarter

Overall: increasing (272.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 620.98 (%).Trend:Decrease 66.36% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 341.96 (%).Trend:Decrease 44.93% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1057.85 (%).Trend:Increase 209.35% than previous quarter

Overall: increasing (70.35%). 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 -724.75 (%).Trend:Decrease 69.87% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -375.46 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -487.21 (%).Trend:Increase 29.76% than previous quarter

Overall: increasing (-32.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.3 (%).Trend:Decrease 41.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.2 (%).Trend:Decrease 17.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Decrease 48.68% than previous quarter

Overall: decreasing (-57.61%). Fluctuation: **Significant** (high 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 -110.81 (%).Trend:Decrease 10.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -104.53 (%).Trend:Decrease 5.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -44.87 (%).Trend:Decrease 57.07% than previous quarter

Overall: increasing (-59.51%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2020 to Q1 2021 exhibit significant fluctuations.  Working capital efficiency reveals increasing liabilities and current assets on revenue, yet with significant variability between quarters. Cost efficiency shows a decrease in SG&A expenses but an increase in the ratio of retained earnings to revenue, again with substantial quarterly variations.  Investment efficiency displays a generally decreasing trend in retained earnings on assets.