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 75.27 (%).Trend:Decrease 49.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 46.08 (%).Trend:Decrease 38.78% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 101.9 (%).Trend:Increase 121.14% than previous quarter

Overall: increasing (35.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 83.47 (%).Trend:Decrease 50.62% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 53.87 (%).Trend:Decrease 35.46% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 156.45 (%).Trend:Increase 190.42% than previous quarter

Overall: increasing (87.43%). 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 -2.67 (%).Trend:Decrease 285.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 0.45 (%).Trend:Decrease 116.85% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 8.74 (%).Trend:Increase 1842.22% than previous quarter

Overall: increasing (-427.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.28 (%).Trend:Increase 5.09% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.48 (%).Trend:Decrease 8.08% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.77 (%).Trend:Decrease 18.12% than previous quarter

Overall: decreasing (-24.73%). Fluctuation: **Neutral** (moderate 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 -1.14 (%).Trend:Decrease 456.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 0.3 (%).Trend:Decrease 126.32% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 2.22 (%).Trend:Increase 640.0% than previous quarter

Overall: increasing (-294.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -0.79 (USD).Trend:Increase 364.71% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.18 (USD).Trend:Decrease 77.22% than previous quarter
Year 2021 Quarter 1: Earning Per Share 0.34 (USD).Trend:Decrease 288.89% than previous quarter

Overall: increasing (-143.04%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 illustrate substantial fluctuations in several key metrics.  Working capital efficiency shows a significant increase, although with large variations in liabilities and current assets on revenue. Cost efficiency reveals a negative overall trend for retained earnings on revenue, with massive fluctuations and a decrease in the SG&A expense ratio. Investment efficiency exhibits significant, but inconsistent, increases in retained earnings on assets, and earnings per share.  These inconsistent results require further examination for underlying causes.