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 35.52 (%).Trend:Decrease 49.15% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.22 (%).Trend:Decrease 31.81% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 63.9 (%).Trend:Increase 163.83% than previous quarter

Overall: increasing (79.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 74.35 (%).Trend:Decrease 48.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 92.57 (%).Trend:Increase 24.51% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 234.61 (%).Trend:Increase 153.44% than previous quarter

Overall: increasing (215.55%). 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 2.75 (%).Trend:Increase 33.5% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 2.18 (%).Trend:Decrease 20.73% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 3.02 (%).Trend:Increase 38.53% than previous quarter

Overall: increasing (9.82%). Fluctuation: **Neutral** (moderate 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 1.03 (%).Trend:Increase 178.38% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.0 (%).Trend:Decrease 2.91% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 0.51 (%).Trend:Decrease 49.0% than previous quarter

Overall: decreasing (-50.49%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q2 2020 to Q1 2021 indicates substantial fluctuations in key financial metrics. Liabilities on revenue decreased, then increased. Current assets on revenue followed a similar pattern of decrease, then increase, and significant growth. Cost efficiency, measured by the retained earnings to revenue ratio, showed positive growth, while investment efficiency, measured by retained earnings on assets, exhibited a negative trend with substantial volatility. Overall, significant instability is evident in the financial data.