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 188.9 (%).Trend:Decrease 44.54% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 145.84 (%).Trend:Decrease 22.8% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 278.67 (%).Trend:Increase 91.08% than previous quarter

Overall: increasing (47.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 1061.97 (%).Trend:Decrease 33.34% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 775.82 (%).Trend:Decrease 26.95% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 1391.08 (%).Trend:Increase 79.3% than previous quarter

Overall: increasing (30.99%). 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 -2009.72 (%).Trend:Decrease 48.86% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -1318.54 (%).Trend:Decrease 34.39% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -2695.14 (%).Trend:Increase 104.4% than previous quarter

Overall: decreasing (34.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 125.18 (%).Trend:Decrease 1.77% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 128.19 (%).Trend:Increase 2.4% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 82.71 (%).Trend:Decrease 35.48% than previous quarter

Overall: decreasing (-33.93%). 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 -121.16 (%).Trend:Decrease 29.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -131.28 (%).Trend:Increase 8.35% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -147.01 (%).Trend:Increase 11.98% than previous quarter

Overall: decreasing (21.34%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q2 2020 to Q1 2021, liabilities and current assets on revenue increased significantly, showing volatility. Ratio of retained earnings to revenue decreased substantially, while SG&A expense ratio decreased notably. Retained earnings on assets showed a significant decrease, highlighting potential concerns regarding profitability and investment efficiency.