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 201.33 (%).Trend:Decrease 58.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 132.29 (%).Trend:Decrease 34.29% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 374.42 (%).Trend:Increase 183.03% than previous quarter

Overall: increasing (85.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 859.03 (%).Trend:Decrease 64.25% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 526.2 (%).Trend:Decrease 38.74% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1256.82 (%).Trend:Increase 138.85% than previous quarter

Overall: increasing (46.31%). 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 -2784.63 (%).Trend:Decrease 56.95% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -1537.69 (%).Trend:Decrease 44.78% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -4630.59 (%).Trend:Increase 201.14% than previous quarter

Overall: decreasing (66.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 304.36 (%).Trend:Decrease 20.57% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 235.98 (%).Trend:Decrease 22.47% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 227.29 (%).Trend:Decrease 3.68% than previous quarter

Overall: decreasing (-25.32%). 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 -315.38 (%).Trend:Increase 20.24% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -278.36 (%).Trend:Decrease 11.74% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -350.64 (%).Trend:Increase 25.97% than previous quarter

Overall: decreasing (11.18%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 indicates significant fluctuations in working capital efficiency. Liabilities on revenue trended downward, then dramatically upward.  Current assets on revenue trended downward, then increased sharply. Cost efficiency shows a substantial drop in retained earnings-to-revenue ratio, and a steady decline in SG&A expense ratio.  Invest efficiency shows a decreasing trend in retained earnings on assets. All metrics exhibit significant variability, suggesting a dynamic and potentially challenging financial environment.