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 27.76 (%).Trend:Decrease 41.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14.96 (%).Trend:Decrease 46.11% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 58.35 (%).Trend:Increase 290.04% than previous quarter

Overall: increasing (110.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 88.54 (%).Trend:Decrease 45.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 55.08 (%).Trend:Decrease 37.79% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 187.21 (%).Trend:Increase 239.89% than previous quarter

Overall: increasing (111.44%). 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 79.16 (%).Trend:Decrease 48.78% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 52.57 (%).Trend:Decrease 33.59% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 127.96 (%).Trend:Increase 143.41% than previous quarter

Overall: increasing (61.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.13 (%).Trend:Decrease 1.26% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Decrease 0.71% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.44 (%).Trend:Decrease 11.33% than previous quarter

Overall: decreasing (-11.96%). 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 50.38 (%).Trend:Decrease 2.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 54.85 (%).Trend:Increase 8.87% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 44.69 (%).Trend:Decrease 18.52% than previous quarter

Overall: decreasing (-11.29%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 reveals significant fluctuations in working capital efficiency. Liabilities on revenue increased by 110.19%, while current assets on revenue also increased by 111.44%. Cost efficiency shows significant variation in the ratio of retained earnings to revenue, increasing by 61.65%. The SG&A expense ratio decreased slightly. Investment efficiency displays a slight decrease in retained earnings on assets.