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 178.77 (%).Trend:Decrease 25.14% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 99.42 (%).Trend:Decrease 44.39% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 214.78 (%).Trend:Increase 116.03% than previous quarter

Overall: increasing (20.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 247.11 (%).Trend:Decrease 62.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 125.49 (%).Trend:Decrease 49.22% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 601.13 (%).Trend:Increase 379.03% than previous quarter

Overall: increasing (143.26%). 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 -138.07 (%).Trend:Increase 58.19% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -102.74 (%).Trend:Decrease 25.59% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -293.22 (%).Trend:Increase 185.4% than previous quarter

Overall: decreasing (112.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.11 (%).Trend:Decrease 3.51% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.84 (%).Trend:Decrease 5.27% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.54 (%).Trend:Increase 21.3% than previous quarter

Overall: increasing (14.92%). Fluctuation: **Little** (low 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 -13.57 (%).Trend:Increase 264.78% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -16.41 (%).Trend:Increase 20.93% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -14.6 (%).Trend:Decrease 11.03% than previous quarter

Overall: decreasing (7.59%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2020 to Q1 2021 exhibits substantial volatility.  Liabilities and current assets on revenue demonstrate significant fluctuations with overall upward trends, but with significant volatility. Cost efficiency, measured by the ratio of retained earnings to revenue, displays a substantial downward trend with considerable fluctuation. Investment efficiency shows a decreasing trend with substantial fluctuations. Selling, General, and Administrative (SG&A) expenses are mildly increasing.  The data indicates an unstable period of financial management, though with some positive movements in short-term asset and liability management.