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 89.0 (%).Trend:Decrease 44.54% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59.79 (%).Trend:Decrease 32.82% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 161.58 (%).Trend:Increase 170.25% than previous quarter

Overall: increasing (81.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 599.45 (%).Trend:Decrease 15.68% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 388.08 (%).Trend:Decrease 35.26% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 879.81 (%).Trend:Increase 126.71% than previous quarter

Overall: increasing (46.77%). 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 -43.08 (%).Trend:Decrease 51.73% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -30.99 (%).Trend:Decrease 28.06% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -72.74 (%).Trend:Increase 134.72% than previous quarter

Overall: decreasing (68.85%). 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 -6.55 (%).Trend:Decrease 40.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -7.28 (%).Trend:Increase 11.15% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -7.4 (%).Trend:Increase 1.65% than previous quarter

Overall: decreasing (12.98%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q2 2020 to Q1 2021 reveals significant fluctuations.  Liabilities on revenue increased (81.55%), while current assets on revenue also increased (46.77%), indicating improved working capital. However, the ratio of retained earnings to revenue decreased (-68.85%), raising concerns about profitability.  Retained earnings on assets decreased (-12.98%),  suggesting further investigation into investment efficiency is necessary.