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 173.39 (%).Trend:Decrease 11.68% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 114.7 (%).Trend:Decrease 33.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 289.19 (%).Trend:Increase 152.13% than previous quarter

Overall: increasing (66.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 189.23 (%).Trend:Decrease 1.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 140.43 (%).Trend:Decrease 25.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 389.45 (%).Trend:Increase 177.33% than previous quarter

Overall: increasing (105.81%). 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 216.7 (%).Trend:Decrease 29.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 154.2 (%).Trend:Decrease 28.84% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 398.33 (%).Trend:Increase 158.32% than previous quarter

Overall: increasing (83.82%). 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 32.8 (%).Trend:Decrease 10.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 32.41 (%).Trend:Decrease 1.19% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 30.57 (%).Trend:Decrease 5.68% than previous quarter

Overall: decreasing (-6.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -7.93 (USD).Trend:Increase 281.25% than previous quarter
Year 2020 Quarter 3: Earning Per Share -9.75 (USD).Trend:Increase 22.95% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 104.31% than previous quarter

Overall: increasing (-105.3%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2020 to Q1 2021 financial data reveals a pattern of significant volatility. Working capital efficiency, gauged by liabilities and current assets, increased, but with significant variation. Cost efficiency, measured by the retained earnings to revenue ratio, also increased substantially throughout the period. Investment efficiency, as tracked by retained earnings on assets, had a relatively stable downward trend. Earnings per share showed highly erratic fluctuations, with significant positive and negative swings.