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 highlight significant fluctuations in various financial metrics. Working capital efficiency shows inconsistent growth, with substantial variations in liabilities and current assets on revenue. Cost efficiency demonstrates a decline in the SG&A expense ratio but substantial increases and decreases in retained earnings to revenue ratios. Investment efficiency showcases a volatile trend with large variations in retained earnings on assets. Earnings per share also experience large fluctuations.  A deeper analysis is necessary to understand the drivers of these changes.