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 68.03 (%).Trend:Decrease 49.27% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 53.83 (%).Trend:Decrease 20.87% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 147.76 (%).Trend:Increase 174.49% than previous quarter

Overall: increasing (117.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 103.12 (%).Trend:Decrease 22.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 75.84 (%).Trend:Decrease 26.45% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 171.51 (%).Trend:Increase 126.15% than previous quarter

Overall: increasing (66.32%). 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 -13.84 (%).Trend:Decrease 62.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -16.98 (%).Trend:Increase 22.69% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -41.45 (%).Trend:Increase 144.11% than previous quarter

Overall: decreasing (199.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.31 (%).Trend:Increase 2.91% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51.77 (%).Trend:Increase 9.43% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 47.32 (%).Trend:Decrease 8.6% than previous quarter

Overall: increasing (0.02%). 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 -5.43 (%).Trend:Decrease 35.59% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -9.04 (%).Trend:Increase 66.48% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -7.26 (%).Trend:Decrease 19.69% than previous quarter

Overall: decreasing (33.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share 0.25 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.08 (USD).Trend:Decrease 132.0% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 87.5% than previous quarter

Overall: decreasing (-104.0%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2020 to Q1 2021 show significant volatility in several financial metrics. Working capital efficiency (liabilities and current assets on revenue) displays considerable growth with substantial quarterly changes. Cost efficiency, represented by the ratio of retained earnings to revenue, reveals a steep decline. SG&A expenses exhibit limited movement.  Investment efficiency and earnings per share demonstrate marked decreases throughout the period.