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 14.69 (%).Trend:Decrease 51.26% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 10.49 (%).Trend:Decrease 28.59% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 28.45 (%).Trend:Increase 171.21% than previous quarter

Overall: increasing (93.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 45.31 (%).Trend:Decrease 54.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 29.04 (%).Trend:Decrease 35.91% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 80.79 (%).Trend:Increase 178.2% than previous quarter

Overall: increasing (78.31%). 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 -18.13 (%).Trend:Decrease 52.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -8.58 (%).Trend:Decrease 52.68% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -10.71 (%).Trend:Increase 24.83% than previous quarter

Overall: increasing (-40.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.53 (%).Trend:Decrease 10.38% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.96 (%).Trend:Decrease 5.41% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.37 (%).Trend:Decrease 26.0% than previous quarter

Overall: decreasing (-30.01%). 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 -24.69 (%).Trend:Increase 3.39% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -18.72 (%).Trend:Decrease 24.18% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -9.06 (%).Trend:Decrease 51.6% than previous quarter

Overall: increasing (-63.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.63 (USD).Trend:Decrease 887.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.49 (USD).Trend:Increase 930.16% than previous quarter
Year 2021 Quarter 1: Earning Per Share 6.53 (USD).Trend:Increase 0.62% than previous quarter

Overall: increasing (936.51%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 reveal substantial volatility. Liabilities and current assets on revenue show a fluctuating pattern, increasing overall despite marked quarter-to-quarter variations. Cost efficiency exhibits fluctuating retained earnings to revenue ratios, yet a stable decline in SG&A expenses. Investment efficiency shows an increasing trend in retained earnings on assets, despite substantial quarter-to-quarter fluctuations. Earnings per share display significant changes, with an overall upward trend.