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 35.4 (%).Trend:Decrease 44.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.61 (%).Trend:Decrease 30.48% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 75.46 (%).Trend:Increase 206.62% than previous quarter

Overall: increasing (113.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 54.1 (%).Trend:Decrease 48.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 38.86 (%).Trend:Decrease 28.17% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 110.56 (%).Trend:Increase 184.51% than previous quarter

Overall: increasing (104.36%). 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 -8.3 (%).Trend:Decrease 36.64% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -5.1 (%).Trend:Decrease 38.55% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -17.7 (%).Trend:Increase 247.06% than previous quarter

Overall: decreasing (113.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.88 (%).Trend:Increase 6.98% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.93 (%).Trend:Decrease 3.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.78 (%).Trend:Decrease 4.27% than previous quarter

Overall: decreasing (-7.53%). 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 -4.15 (%).Trend:Increase 15.92% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -3.79 (%).Trend:Decrease 8.67% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -4.66 (%).Trend:Increase 22.96% than previous quarter

Overall: decreasing (12.29%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency (liabilities and current assets on revenue) in Q2-Q1 2020-2021 displays a significant upward trend, marked by large fluctuations. Cost efficiency indicates a decreasing SG&A expense ratio with minor fluctuations.  The ratio of retained earnings to revenue reveals a significant downward trend with considerable volatility.  Invest efficiency (retained earnings on assets) exhibits a generally decreasing trend with high variability across the three quarters.