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 93.72 (%).Trend:Increase 7.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 66.68 (%).Trend:Decrease 28.85% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 77.05 (%).Trend:Increase 15.55% than previous quarter

Overall: decreasing (-17.79%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 649.36 (%).Trend:Decrease 2.96% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 443.36 (%).Trend:Decrease 31.72% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1870.29 (%).Trend:Increase 321.84% than previous quarter

Overall: increasing (188.02%). 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 -175.95 (%).Trend:Decrease 40.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -127.03 (%).Trend:Decrease 27.8% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -292.71 (%).Trend:Increase 130.43% than previous quarter

Overall: decreasing (66.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 71.25 (%).Trend:Increase 12.03% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 73.15 (%).Trend:Increase 2.67% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 79.61 (%).Trend:Increase 8.83% than previous quarter

Overall: increasing (11.73%). 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 -26.31 (%).Trend:Decrease 38.73% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -27.38 (%).Trend:Increase 4.07% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -15.27 (%).Trend:Decrease 44.23% than previous quarter

Overall: increasing (-41.96%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2020 to Q1 2021 show significant fluctuations in working capital efficiency. Liabilities on revenue decreased slightly, while current assets on revenue saw a substantial increase. Cost efficiency also fluctuated significantly, with a declining ratio of retained earnings to revenue and a moderate increase in SG&A expense ratios. Invest efficiency experienced similar significant variations, showing a fluctuating retained earning on assets. Overall, the data reveals substantial instability in key financial metrics across various efficiency categories.